Marshalls (MSLH)

Sector:

Construction and Building Materials

Index:

FTSE 250

678.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 845.00
  • 52 Week Low: 628.00
  • Currency: UK Pounds
  • Shares Issued: 200.05m
  • Volume: 87,782
  • Market Cap: £1,356.35m
  • RiskGrade: 148
  • Beta: 0.04

Marshalls lifts 2021, 2022 expectations after strong growth in H1

By Michele Maatouk

Date: Thursday 19 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Landscape products company Marshalls lifted its expectations for 2021 and 2022 on Thursday as it reported strong growth in the first half amid supportive market conditions.
In the six months to 30 June, pre-tax profit jumped to £38.9m from £1.6m in the first half of 2020 and £37.1m in the same period two years ago. Meanwhile, revenue was up 42% compared to 2020 at £298.1m, and 6% higher versus 2019.

The company declared an interim dividend of 4.7p a share, in line with 2019 but having not paid one in 2020.

Chief executive Martyn Coffey said: "Trading continues to improve and recent order intake has been good. The Construction Products Association's recent summer forecast predicts year on year increases in UK market volumes of 13.7% in 2021 and 6.3% in 2022 and the group expects to meet or outperform the market.

"Market conditions remain supportive, despite certain supply chain challenges, which are leading to inflationary pressures across the sector. The underlying indicators in our main growth markets, including New Build Housing, Road, Rail and Water Management, remain positive. As a result, we remain confident that our strategy will deliver long-term profitable growth and that we are well positioned to cope with the temporary challenges associated with cost and material supply issues."

Marshalls said it was lifting its expectations for 2021 and 2022, "encouraged by the continuing strength in demand and the positive trading environment".

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 678.00p
Change Today -3.00p
% Change -0.44 %
52 Week High 845.00
52 Week Low 628.00
Volume 87,782
Shares Issued 200.05m
Market Cap £1,356.35m
Beta 0.04
RiskGrade 148

Marshalls Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.29% below the market average48.29% below the market average48.29% below the market average48.29% below the market average48.29% below the market average
72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average
Price Trend
27.04% below the market average27.04% below the market average27.04% below the market average27.04% below the market average27.04% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Income
70.75% below the market average70.75% below the market average70.75% below the market average70.75% below the market average70.75% 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
89.61% below the market average89.61% below the market average89.61% below the market average89.61% below the market average89.61% below the market average
78.95% below the sector average78.95% below the sector average78.95% below the sector average78.95% below the sector average78.95% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 6
buy
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 21-Oct-21 03-Jun-21
Paid 01-Dec-21 01-Jul-21
Amount 4.70p 4.30p

Trades for 26-Jan-2022

Time Volume / Share Price
16:28 1 @ 678.00p
16:28 1 @ 678.00p
16:28 2 @ 678.00p
16:28 5 @ 678.00p
16:28 10 @ 678.00p

Marshalls Key Personnel

CEO Martyn Coffey
CFO Justin Lockwood

Top of Page