Marshalls sees return to growth

Landscaping and building products manufacturer Marshalls, saw growth inch ahead by 4% for the four months to 30 April 2025, according to a trading statement issued ahead of its Annual General Meeting, at 11.00am today (14 May).

Revenue was £207m (2024: £199m), although Landscaping Products revenue contracted by 3% year-on-year to £86m (2024: £89m), which is a significant improvement over the 11% drop in the second half of 2024. The improving trend was in both sales to stockist and direct to site revenues.

Building Products revenue grew by 4% to £56m (2024: £54m). This growth reflects a strong performance in the Water Management and Mortars business units. There was growth in facing bricks although overall revenue was impacted by softer demand for other products in a competitive marketplace. The Aggregates business unit was impacted by softer demand and reported lower revenues year-on-year.

Roofing revenue increased by 15% to £65m (2024: £56m), driven by the continued strong performance of Viridian Solar. Marley Roofing also saw sustained growth, primarily through timber battens and clay tiles.

Marshalls CEO Matt Pullen said: “We have made an encouraging start to 2025 with a return to Group revenue growth in the first four months of the year and improving trends in all our reporting segments. We remain focused on executing our performance improvement plan in Landscaping alongside deploying our Transform & Grow’ strategy at pace and are well positioned to respond swiftly to improving activity levels when our key end markets recover.”