Marshalls confident of FY results after solid first half

Landscape products group Marshalls said it remained confident of meeting full year expectations after delivering a 21% rise in half year pre-tax profits to £25.1m.

The company said underlying medium to long-term market indicators remained supportive “notwithstanding the heightened economic and political uncertainty since the EU referendum”.

Revenue rose 2% to £202.4m, while earnings before interest, tax, depreciation and amortisation jumped 9% to £32.4m. The interim dividend increased by 29% to 2.90p a share.