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Visual21 Nov 2025
Data center suppliers
Marshalls (MSLH) investor relations material
Marshalls Trading Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading Update summary12 Nov, 2025
Executive summary
Group revenue for the ten months ended 31 October 2025 was £548 million, up 2% year-over-year, reflecting resilience amid challenging market conditions.
Full year 2025 profit expectations remain unchanged, with adjusted profit before tax guidance of £42–46 million.
Strategic initiatives, including the 'Transform & Grow' strategy and performance improvement plans, are progressing as planned.
Financial highlights
Group revenue increased by 2% to £548 million compared to £535 million in the prior year period.
Pre-IFRS16 net debt stood at £155 million at the end of October 2025, up from £146 million in October 2024.
Outlook and guidance
Full year 2025 adjusted profit before tax is expected to be in the range of £42–46 million.
The business is positioned to benefit from a market recovery and medium-term structural growth drivers.
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Frequently asked questions
Marshalls Plc is a specialist supplier of hard landscaping products in the UK and internationally. It offers interior, garden, and driveway products including paving, driveway, kerbs and edging products and walling products. The company also provides artificial grass, garden and driveway design tools, stone products and garden sidewall systems. Marshalls plc was founded in 1890 and is based in Halifax, the United Kingdom.
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