Marshalls confident of FY results after solid first half
26th Aug 2016 07:04
(ShareCast News) - Landscape products group Marshalls said it remained confident of meeting full year expectations after delivering a 21% rise in half year pre-tax profits to £25.1m. The company said underlying medium to long-term market indicators remained supportive "notwithstanding the heightened
Read moreMarshalls revenue rises, well placed to deliver growth initiatives
5th Jul 2016 07:26
(ShareCast News) - FTSE 250 landscape products group Marshalls reported a rise in revenue for the six months ended 30 June and said it was well placed to deliver the growth initiatives set out in the 2020 strategy. Revenues were up 2% in the six months to £202m, reflecting a stronger sales performan
Read moreTravel&Leisure stocks pace gains, miners drop
27th May 2016 20:31
(ShareCast News) - Travel&Leisure stocks paced gains on the top flight index at the end of the week, against a backdrop of falling crude oil prices and a perceived reduction in the risk that Britons will vote to leave the European Union on 23 June. As a sector, Travel&Leisure was no longer overbough
Read moreMarshalls revenue growth slows as clients hold off on orders
18th May 2016 09:26
(ShareCast News) - Marshalls tumbled on Wednesday after the FTSE 250 landscape products group reported a slowdown in revenue growth in a trading update for the four months ended 30 April. The company said revenue for the period was up 1% to £120m against strong comparatives for 2015, reflecting a sl
Read moreFull year profits bloom at Marshalls as recovery continues
11th Mar 2016 07:42
(ShareCast News) - Landscape products group Marshalls has posted a 57% rise in full year pre-tax profits to £35.3m on the back of an 8% jump in revenue to £386.2m as the company completed the first phase of its plans to return to profits. Operating profit was £37.5m, up from £25.3m, while underlying
Read moreLondon pre-open: Stocks expected to bounce back
11th Mar 2016 07:15
(ShareCast News) - London stocks are set to push higher at the open on Friday, bouncing back from the previous session's Draghi-fuelled losses following positive trading in Asia. The FTSE 100 is seen starting 67 points higher at 6,103. "It was the admission by Mr Draghi during the press conference
Read moreUK retail sales slump as non-food growth slows, BRC-KPMG says
10th Nov 2015 08:42
(ShareCast News) - UK retailers endured subdued sales during October, with a disappointingly flat reading for the BRC-KPMG Retail Sales Monitor and a like-for-like decline for the month. October retail sales fell 0.2% on a like-for-like basis compared to last year. Total sales for the month rose 0.
Read moreFTSE 250 movers: Marshalls gains on interims, Debenhams slumps on downgrade
28th Aug 2015 14:36
(ShareCast News) - London's FTSE 250 was a touch higher on Friday and by 1445 BST, was trading up 0.2% at 16,952.75, with investors mostly keeping to the sidelines at the end of what's been a pretty turbulent week. Marshalls was the standout gainer after the paving slabs specialist posted a strong s
Read moreMarshalls interims pave way for faster full year growth
28th Aug 2015 08:20
(ShareCast News) - A strong set of interim results from paving slabs specialist Marshalls showed sales growing faster than the wider construction market, leading to analysts upping expectations for the full year. Revenues of £199.1m in the half-year to 30 June were 11% higher than the same period la
Read moreMarshalls revenues up on strong public and commercial market
6th Jul 2015 08:27
Landscaping firm Marshalls' revenue rose 11% for the six months ended 30 June 2015, the company said on Monday. In a trading update Marshalls said revenue lifted from £180m during the same period in 2014 to £199m. The company said public sector and commercial sales were up 15% compared with the sam
Read moreMarshalls doubles pre-tax profits on UK construction sector recovery
6th Mar 2015 09:42
UK paving and residential flooring supplier Marshalls benefited from the recovery in the sector by doubling pre-tax profits in 2014, prompting the group to increase output volumes of concrete slabs. Marshalls' revenue from continuing operations rose 17% at £358.5m last year, while sales to the publi
Read moreFriday preview: US non-farm payrolls in focus
5th Mar 2015 17:25
The all-important US non-farm payrolls report and unemployment rate figures are due on Friday, alongside Eurozone gross domestic product data and a reading on UK inflation expectations. Analysts expect the Labor Department's official monthly data to show US employers added 235,000 workers in Februar
Read morePanmure highlights improving newsflow for construction stocks
17th Feb 2015 08:14
Panmure Gordon has maintained an 'overweight' position on UK construction stocks on the back of an improving outlook, as it highlighted SIG as its top pick in the sector. "Architects billings growth (ONS data), project awards data (Barbour Index) and construction employment vacancies point to a heal
Read moreWednesday broker round-up UPDATE
5th Nov 2014 10:02
Associated British Foods: Exane raises target price from 3600p to 3700p, keeping its outperform rating. Citi reduces target price from 3200p to 3100p, while upgrading to buy. AVEVA: Liberum Capital reduces target price from 1500p to 1400p and keeps a hold recommendation. Investec reduces target pric
Read moreMarshalls forecasts better-than-expected results
5th Nov 2014 09:03
Landscaping and paving group Marshalls cheered investors with a forecast of better-than-expected profits as the UK construction market recovered. Marshalls, which supplies building products to householders as well as local councils and private firms, said revenue rose 18% to to £312m in the 10 month
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