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Marshalls ( (GB:MSLH) ) has provided an update.
Marshalls plc reported a resilient performance for the financial year ending December 2024 despite challenging market conditions. The company achieved a revenue of approximately £619 million, a decrease from £671 million in 2023, but managed to reduce its net debt substantially. The ‘Transform & Grow’ strategy was launched, aiming to leverage growth opportunities in sustainability-driven markets. While some segments like Landscaping and Building Products faced revenue declines, the Roofing segment saw an increase, notably due to Viridian Solar’s growth. Marshalls is optimistic about improved profitability in 2025, contingent on market recovery and strategic action realization.
More about Marshalls
Established in the late 1880s, Marshalls plc is a leading UK manufacturer providing sustainable solutions for the built environment. It operates through three main trading divisions: Landscaping, Roofing, and Building. The company is committed to high environmental and ethical standards and aims to become the UK’s top manufacturer of sustainable built environment products.
YTD Price Performance: -13.41%
Average Trading Volume: 803,738
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £641.8M
See more data about MSLH stock on TipRanks’ Stock Analysis page.
