Marshalls Plc (MSLH.L) Friday, in its trading update for the six months ended June 30, said that revenue rose 4 percent to 319 million pounds from 307 million pounds in the same period last year. The construction materials manufacturer said that volume growth was being partially offset by weaker pricing and product mix.
According to the company, Landscaping Products revenue declined to 135 million pounds from last year's 137 million pounds, an improvement from the 11 percent drop seen in the second half of 2024. Building Products revenue rose 5 percent to 86 million pounds from 82 million pounds a year ago, helped by the strong performance in Water Management, supported by effective commercial execution and additional infrastructure business.
Roofing Products revenue climbed 11 to 98 million pounds from last year's 88 million pounds, keeping up the strong momentum from the second half of 2024. The growth was mainly driven by Viridian Solar, which delivered a 50 percent revenue growth in the first half of the year.
Looking ahead, keeping in mind the ongoing uncertainty in the macro-economic environment, the company's Board currently sees no improvement in market activity levels through the latter half of 2025. Accordingly, the company has reduced its full year expectations and now expects adjusted profit before tax to be in the range of 42 million pounds and 46 million pounds for full-year 2025.
The Group will announce its results for the first six months of the year on August 11.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.