Marshalls like-for-like revenue up
Concrete block paving maker Marshalls said on Friday that revenue from continuing operations on a like-for-like basis rose 3.4 percent in the six months to the end of June.
Marshalls said revenue from continuing operations in the period was 198 million pounds and the most recent survey of domestic installers' order book was 9.5 weeks compared with 8.6 weeks at the beginning of the year and 8.9 weeks at a similar time last year.
The group said the buildings material market had been flat but it continued to see good demand in the public sector and commercial markets and it remained on track to post results in line with its expectations.
Shares in Marshalls, which have underperformed the construction and materials sector <.FTASX2350> by 18 percent over the last 12 months, closed at 306 pence, valuing the group at around 438 million pounds.
The group is expected to post its interim results on September 8.
- 1 RBS gets Chinese approval for Suzhou stake
- 2 JPMorgan to cut 9,200 Washington Mutual jobs
- 3 RBS says govt to take 57.9 percent stake
- 4 BHP gloomy on short term
- 5 BT cutting 10,000 jobs as part of costs drive
- 6 Kingfisher to double Polish arm as migrants return
- 7 UBS says infrastructure fund raises $1.5 billion
|
|
