Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Manufacturer Marshalls had provided their trading update for the year ended 31 December 2025.
Landscaping Products’ revenue was £266 million which is a reduction of one per cent compared to 2024. Building Products’ revenue was £172 million, and Roofing Products’ revenue was £194 million , which is an increase of four per cent, driven by growth in Viridian Solar, partially offset by a reduction in Marley.
The Group has significant liquidity to fund its strategic and operational growth plans with £125 million of headroom at the year-end on its recently refinanced syndicated bank facility.
While the Group is not anticipating a significant improvement in market activity levels during the next 12 months, the actions taken to reduce the cost base during 2025 give the Board confidence that the Group will deliver an improved financial performance in 2026.
CEO Simon Bourne, commented: “Marshalls delivered a resilient performance, evidenced by a return to revenue growth despite the challenging market backdrop, and delivering profits in-line with the market’s expectations. We have made good progress with our ‘Transform & Grow’ strategy and with an increased focus on execution, I am confident that the Group is well positioned to benefit from a market recovery and structural growth drivers over the medium term.”
The Group will announce its results for the year ended 31 December 2025 on 16 March 2026.
