Firm says performance ‘enocuraging’ after two years of declining sales
ڶ products firm Marshalls said revenue edged up in the first four months of the year compared to the same period last time.
In a trading update this morning, the firm said income was up 4% to £207m with the firm stemming the fall at its landscaping business which saw turnover slip 3% to £86m during the period – an improvement on the 11% reverse in the second half of last year.
Revenue at the building products business was up 4% to £56m while income at the roofing division was up 15% to £65m. Chief executive Matt Pullen called the performance “encouraging”.
Earlier this year, the firm said that more work in housebuilding and infrastructure such as water work would see a return to growth this year.
Income last year was down 8% to £619m after falling 7% in 2023. The firm will announce its interim results on 11 August.
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