Marshalls 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.

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Marshalls 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.

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Marshalls 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.

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Marshalls 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%.

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Marshalls 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.

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Berenberg 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.

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Broker 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.

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Marshalls 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.

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Marshalls 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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Marshalls LfL sales up 1%; sees FY in line despite weaker market

19th Jan 2023 07:23

(Sharecast News) - Landscaping and building supplies provider Marshalls said it expected to deliver full-year profits in line with expectations despite weaker market conditions in the final quarter as inflation started to hit sales.

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Berenberg cuts target price on Marshalls

11th Oct 2022 09:32

(Sharecast News) - Analysts at Berenberg lowered their target price on construction outfit Marshalls from 380.0p to 280.0p on Tuesday and said further risks remained.

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Marshalls warns on profits, shares plunge

7th Oct 2022 07:07

(Sharecast News) - Marshalls warned on profits on Friday, sending its shares tumbling in early trading, after slowing demand dented revenues at the stone and concrete specialist.

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Marshalls holds guidance but sees tough landscaping outlook

18th Aug 2022 07:12

(Sharecast News) - Building materials company Marshalls held full year guidance as it posted interim profits, but noted that the tough economic backdrop would hit consumer confidence at its landscaping division.

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Marshalls H1 revenues grow following Marley acquisition

12th Jul 2022 07:13

(Sharecast News) - Landscaping products manufacturer Marshalls delivered group revenues of £348.0m in the six months ended 30 June, up 17% year-on-year.

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Deutsche Bank downgrades Marshalls to 'hold'

20th May 2022 09:16

(Sharecast News) - Analysts at Deutsche Bank downgraded their rating on hard landscaping products manufacturer Marshalls from 'buy' to 'hold' on Friday, stating the group's future was "paved with greater uncertainty".

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