Marshalls (MSLH)

Sector:

Construction and Building Materials

Index:

FTSE 250

808.50p
   
  • Change Today:
    -19.00p
  • 52 Week High: 876.00p
  • 52 Week Low: 526.50p
  • Currency: UK Pounds
  • Shares Issued: 199.38m
  • Volume: 194,038
  • Market Cap: £1,611.98m
  • RiskGrade: 119

Marshalls backs full-year expectations as revenue rises 10%

By Michele Maatouk

Date: Thursday 16 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Marshalls reported a 10% jump in group revenue on Thursday as it sounded an optimistic note on future trading and backed its expectations for the full year.
In an update for the year to the end of December, the paving specialist said group revenue rose to £542m from £491m the year before. Excluding the impact of Edenhall, which it bought in December 2018, revenue was up 3%.

Marshalls said sales in the public sector and commercial end market, which represented about 69% of group revenue, rose 15%.

"The performance of Edenhall has been strong and the integration plan is substantially complete," it said.

Sales in the domestic end market represented approximately 26% of group revenue and were flat on the year but ahead of the overall domestic market in 2019.

Marshalls said the domestic market was softer in the second half and hit by poor weather. "However, continued execution of the 2020 strategy more than compensated by improving group margins," it said.

During the year, the company launched its new five-year business strategy. "The objective continues to be to deliver sustainable growth, whilst maintaining a strong balance sheet with a flexible capital structure and a clear capital allocation policy," it said.

Marshalls backed its full-year expectations and said the outcome of the General Election had created "a more certain political environment". In addition, underlying indicators in the new building housing, road, rail and water management markets remain supportive.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Marshalls Market Data

Currency UK Pounds
Share Price 808.50p
Change Today -19.00p
% Change -2.30 %
52 Week High 876.00p
52 Week Low 526.50p
Volume 194,038
Shares Issued 199.38m
Market Cap £1,611.98m
RiskGrade 119

Marshalls Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.31% below the market average93.31% below the market average93.31% below the market average93.31% below the market average93.31% below the market average
89.47% below the sector average89.47% below the sector average89.47% below the sector average89.47% below the sector average89.47% below the sector average
Price Trend
83.80% above the market average83.80% above the market average83.80% above the market average83.80% above the market average83.80% above the market average
78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average
Income
72.73% below the market average72.73% below the market average72.73% below the market average72.73% below the market average72.73% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
57.10% above the market average57.10% above the market average57.10% above the market average57.10% above the market average57.10% above the market average
43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 2
Sell 0
Strong Sell 1
Total 4
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Marshalls Dividends

  Latest Previous
  Interim Final
Ex-Div 17-Oct-19 06-Jun-19
Paid 04-Dec-19 28-Jun-19
Amount 4.70p 8.00p

Trades for 24-Feb-2020

Time Volume / Share Price
16:35 72,404 @ 808.50p
16:29 1 @ 807.50p
16:28 561 @ 807.25p
16:28 410 @ 807.00p
16:28 12 @ 807.00p

Marshalls Key Personnel

CEO Martyn Coffey

Top of Page