UK's Marshalls falls on lower FY earnings

Marshalls

17/03/2025 08:39

** Shares of Marshalls MSLH.L slip as much as 5.5% to 230p

** The UK landscaping and roofing products supplier said adjusted pretax profit for the year fell 2% to 52.2 mln pounds  ($67.55 million)

** FY revenue also down 8% to 619.2 mln pounds

** Co says it expects a market recovery later this year, which should strengthen progressively

** MSLH fell about 20% YTD

($1 = 0.7727 pounds)

 (Reporting by Yamini Kalia in Bengaluru)

 ((Yamini.Kalia@thomsonreuters.com;))