London close: Stocks slip ahead of central bank decisions
18th Mar 2024 15:33
(Sharecast News) - London markets closed with a slight downturn on Monday as investors monitored upcoming rate decisions from a number of central banks.
Read moreMarshalls downgrades FY outlook, cites 'challenging end markets'
18th Mar 2024 07:49
(Sharecast News) - Marshalls downgraded its profit and revenue outlook for 2024 on Monday and posted a slump in full-year profits and revenue as the landscape products manufacturer was hit by "challenging end markets".
Read moreLondon close: Stocks rise as UK inflation holds steady
14th Feb 2024 15:23
(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.
Read moreLondon close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
Read moreBroker tips: Next, Marshalls, easyJet
1st Feb 2024 13:34
(Sharecast News) - Barclays downgraded Next to 'equalweight' from 'overweight' on Thursday but lifted the price target to 8,500p from 8,250p, as it said the valuation is now reasonable.
Read moreBerenberg upgrades Marshalls to 'buy'
1st Feb 2024 10:13
(Sharecast News) - Berenberg upgraded Marshalls on Thursday to 'buy' from 'hold' and lifted the price target to 420p from 320p.
Read moreMarshalls revenues fall amid subdued demand
18th Jan 2024 08:19
(Sharecast News) - Marshalls said on Thursday that adjusted pre-tax profit for the full year is set to be in line with its expectations as it reported a drop in revenue amid subdued demand.
Read moreMarshalls appoints Matthew Pullen as CEO
6th Dec 2023 07:58
(Sharecast News) - Building and landscape materials supplier Marshalls on Wednesday said it had appointed former Genuit Group chief operating officer Matthew Pullen as chief executive-designate, to succeed Martyn Coffey.
Read moreMarshalls confident in full-year performance after Q3 improvement
18th Oct 2023 09:06
(Sharecast News) - Marshalls reported total revenue of £528m for the first nine months of the year on Wednesday - a 3% decrease compared to the same period in 2022.
Read moreMarshalls revenue, profits slide amid tough market
16th Aug 2023 07:57
(Sharecast News) - Landscaping supplier Marshalls reported a 2% improvement in first-half revenue on Wednesday, thanks to a four-month contribution from Marley, with like-for-like revenue dipping 13%.
Read moreMarshalls warns on profits, to cut 250 jobs
31st Jul 2023 08:01
(Sharecast News) - Building products manufacturer Marshalls warned on profits on Monday and said it will cut around 250 jobs, as it announced the closure of one of its factories, pointing to high inflation, rising interest rates and weaker consumer confidence.
Read moreBerenberg cuts price target on Marshalls
10th May 2023 12:57
(Sharecast News) - Berenberg cut its price target on Marshalls on Wednesday to 330p from 350p after the company's trading update a day earlier.
Read moreBroker tips: Just Group, Asos, Marshalls
10th May 2023 08:11
(Sharecast News) - JPMorgan Cazenove lifted its price target on Just Group on Wednesday to 125p from 115p to reflect higher new business sales forecasts, and a valuation roll-forward.
Read moreMarshalls cuts guidance as like-for-like sales fall
9th May 2023 07:03
(Sharecast News) - Shares in Marshalls slumped on Tuesday as the landscaping and building materials group cut annual guidance on the back of a 14% fall in like-for-like sales, due to lower new house building and continued weakness in private housing maintenance activity.
Read moreMarshalls reports record performance amid challenging market
15th Mar 2023 10:24
(Sharecast News) - Construction products specialist Marshalls announced strong full-year results on Wednesday, with revenue growing 22% to £719.4m, aided by the acquisition of Marley Group.
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