Marshalls strikes cautious note on outlook as revenues drop

21st Jan 2025 09:31

(Sharecast News) - Marshalls said on Tuesday that full-year profitability would be within the market range, but reported a drop in revenues and struck a cautious note on the outlook.

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London close: Stocks mixed ahead of UK inflation, Nvidia results

19th Nov 2024 16:47

(Sharecast News) - London's equity markets closed with a mixed performance on Tuesday, as investors remained cautious ahead of the latest UK inflation data and closely watched US corporate earnings from Nvidia.

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Marshalls targets 15% operating margin under new strategy

19th Nov 2024 07:51

(Sharecast News) - Landscaping and building supplier Marshalls on Tuesday unveiled a new strategy targeting an operating margin of 15% and outperformance the wider construction market by 2 - 4%.

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London close: Stocks rise on fresh rate cut hopes

16th Oct 2024 14:40

(Sharecast News) - London's equity markets finished higher on Wednesday as investors reacted positively to a significant drop in UK inflation, which reached its lowest point in over three years.

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Marshalls holds guidance as sales growth contraction eases in Q3

16th Oct 2024 07:56

(Sharecast News) - Shares in Marshalls surged as the landscaping and building materials supplier held annual guidance and indicated that the contraction on sales growth had eased in the third quarter amid a weak economic backdrop.

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RBC Capital starts Marshalls at 'sector perform'

18th Sep 2024 07:26

(Sharecast News) - RBC Capital Markets initiated coverage of Marshalls on Wednesday with a 'sector perform' rating and 370p price target.

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WH Ireland losses widen in 'extremely challenging' markets

12th Aug 2024 09:02

(Sharecast News) - Broker WH Ireland posted a widening of its full-year losses on Monday as revenue fell in an "extremely challenging" market backdrop.

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Marshalls still confident despite tough first half

12th Aug 2024 07:17

(Sharecast News) - Landscaping and building products and supplier Marshalls reported a 13% decline in revenue for the first half on Monday, amounting to £306.7m.

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Marshalls revenues fall 10% amid weak housing market

15th May 2024 07:05

(Sharecast News) - Landscaping and building products supplier Marshalls said revenues fell 10% in the four months to April 30 as weak demand in the housing and maintenance market continued, adding that it still expected flat profits for 2024.

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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.

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Marshalls 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".

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London 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.

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London 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.

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Broker 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.

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Berenberg 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.

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