Marshalls plc (GB:MSLH) has released an update.
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Marshalls plc, a UK manufacturer of sustainable solutions for the built environment, reported a 10% drop in group revenue to £199 million in the first four months of 2024, amidst a weak demand in its key housing markets. Despite this downturn, the company remains confident in a profit outlook consistent with 2023, backed by strategic cost reductions and management actions. Additionally, Marshalls announced a restructured executive team to drive commercial strategy and financial performance across its divisions.
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