UK's Marshalls tumbles on downbeat FY profit outlook

Marshalls

25/07/2025 08:49

** Shares of UK landscaping and roofing products supplier Marshalls MSLH.L fell as much as 25% to 198p, lowest since October 2023

** Stock is the top loser on FTSE mid-caps .FTMC index, which is down 0.39%

** Co expects FY adjusted PBT to be in the range of 42 million pounds ($56.63 million) and 46 million pounds vs 51.4 million pounds, according to LSEG data

** "This is clearly disappointing news but it is partly tempered by the robust performances in roofing and building products, and the fact that there is already material operational change underway within landscape," analysts at Peel Hunt say
** Including session moves, MSLH down ~30% YTD

($1 = 0.7416 pounds)

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))