Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Marshalls, the building materials manufacturer, have released their trading update for the period ending October 31 2025.
The group reported revenue of £548 million for the period, two per cent higher than the prior year comparative period (2024: £535 million), with landscaping products revenue flat since the half year reflecting an improving performance and encouraging market share growth.
Marshalls also reports group management is making good progress on their Landscaping Performance Improvement Plan; The network optimisation and self-help measures announced at the Half Year Results. These measures, expected to deliver £9 million in annual savings from 2026, were concluded as planned.
In October, the Board also began consulting on exiting UK quarried natural stone processing due to sustained losses and market changes. This move is expected to improve profitability by around £2 million in 2026 and beyond, pending the outcome of the consultation process.
Chief executive Matt Pullen commented: “Marshalls has delivered a resilient performance, with Group revenues up two per cent year-on-year despite current market conditions, and our full year profit expectations remain unchanged. We continue to make good progress with our ‘Transform & Grow’ strategy and, looking ahead, Marshalls is well positioned to benefit from a market recovery and the structural growth drivers that underpin our businesses over the medium-term.”
