Marshalls H1 revenues grow following Marley acquisition

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Sharecast News | 12 Jul, 2022

15:55 15/11/24

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Landscaping products manufacturer Marshalls delivered group revenues of £348.0m in the six months ended 30 June, up 17% year-on-year.

Marshalls said on Tuesday that its interim revenue growth was partly due to benefits stemming from its recent acquisition of Marley, which it said "traded strongly" in the first two full months of its' ownership.

The FTSE 250-listed group also noted that like-for-like revenues were up 7% and said internal expectations for the current financial year were in line with market forecasts.

Marshalls will announce its half-year results on 18 August and will also hold a Capital Markets Day for investors and analysts on 22 September.

Reporting by Iain Gilbert at Sharecast.com

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