Marshalls PLC (MSLH.L), a supplier of hard landscaping, building, and roofing products, said on Monday that it expects a decline in adjusted pre-tax earnings for the full year, but in line with its expectations. The company, however, anticipates an increase in revenue.
For the 12-month period to December 31, 2025, Marshalls anticipates adjusted profit before tax to be in the range of GBP 42 million to GBP 44.4 million. For fiscal 2024, the company had recorded an adjusted pre-tax income of GBP 52.2 million.
The Group projects annual revenue of GBP 632 million, higher than last year's GBP 619.2 million.
Looking ahead, Marshalls said: "The outlook for 2026 continues to be uncertain and accordingly, the Board remains focused on operational improvements through its 'Transform & Grow' strategy. While the Group is not anticipating a significant improvement in market activity levels during the next 12 months, the actions taken to reduce the cost base during 2025 give the Board confidence that the Group will deliver an improved financial performance in 2026."
The Group will release its annual earnings report on March 16.
In addition, Marshalls has appointed Simon Bourne as Chief Executive Officer with immediate effect.
Simon was appointed as Interim Chief Executive Officer on November 27, 2025, after Matt Pullen decided to step down as CEO. Earlier, Bourne was serving as Chief Commercial Officer at Marshalls.
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