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Fri September 20 2024

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Marshalls maintains momentum

10 Jan 18 Paving and landscaping products supplier Marshalls grew its revenues by 8% in 2017 on the back of continued growth in new build housing.

Marshalls’ revenue for the year ended 31st December 2017 reached £430m (2016: £397m).

This includes £9m from , the precast firm that was acquired in October for £38m. Excluding CPM, like-for-like revenue was up 6%.

Excluding CPM, sales in the public sector and commercial end market, which represented 61% of total sales, were up 2% on 2016.

Sales in the domestic end market, representing 32% of group sales, were up 12%.

In its trading update Marshalls said that although the ½ñÈÕ¿´ÁÏ Products Association had recently reduced its 2018 forecast due to wider economic uncertainty, Marshalls’ own sales continued to outperform the CPA growth figures.

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