Marshalls
MSLH · Main Market · Construction and Materials · mcap £440m · 172.9p 1 open situation →
- EV
- £574m
- EV / EBIT
- 14.6x
- Net debt
- £137m
- FCF yield
- 7.5%
- Revenue
- £630m
- Cash returned
- 4.5%
- Share price 1y
- −5%
- Insiders 12m
- bought £54k
- Next report
- around 15 Mar
Marshalls makes paving, landscaping, walling, drainage, roofing and solar products for homes, builders and infrastructure projects in the UK. It sells through three segments: Landscaping, Building and Roofing Products.
Open · 1
Landscaping performance improvement plan
Includes CEO succession – Simon Bourne appointed permanent CEO, closed 19 Jan 2026
Landscaping improvement plan began in 2025, with £3m of savings delivered that year. The H1 2026 results show the plan moving from reset to delivery: profitability has begun to recover, market share has risen over 12 months and Net Promoter Scores are up about 11 points. The £11m annualised savings remain on track for end-FY26.
- Savings target
- £11m annualised cost savings by end of FY26, on track
- Delivered so far
- £3m delivered in 2025 (per earlier announcements)
- Revenue, 4 months
- £86 million, in line with 2025
- Market position
- Market share re-gained without eroding margins
- Volumes
- In line with expectations
- Profitability
- Beginning of a recovery in Landscaping profitability in H1 2026
Next: Deliver £11m annualised savings by end of FY26 · 31 Dec 2026
- 10 Aug 2026 Moving from reset to delivery; profit recovering
- 13 May 2026 Savings on track; share regained, volumes in line
- 16 Mar 2026 Savings and mix actions underway, £3m delivered in 2025
- 19 Jan 2026 Actions concluded; stone exit completed
Closed · 4
Company filings. Not investment advice.