Marshalls

MSLH · Main Market · Construction and Materials · mcap £427m · 157.7p

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.

Target	Promise	Said	Status
2024
30 Jun 2024	Outsource logistics to Wincanton in H1 2024	18 Mar 2024	… In progress
	“Marshalls' logistics function to be outsourced to Wincanton in H1 2024 - expected to improve service and deliver efficiencies” Result Not yet due.
Today · 10 Oct 2026
2026
31 Dec 2026	Landscaping improvement plan to deliver £11m annualised cost savings by end of 2026	25 Jul 2025	… In progress
	“Remains on track to deliver the previously announced £11 million of annualised cost savings by the end of FY26.” Also stated 11 Aug 2025 · 19 Jan 2026 · 16 Mar 2026 · 13 May 2026 · 10 Aug 2026 Status so far Not yet due.
31 Dec 2026	Exit UK quarried natural stone processing, adding about £2m profit in 2026	12 Nov 2025	… In progress
	“This move is expected to improve profitability by around £2 million in 2026 and beyond, pending the outcome of the consultation process.” Status so far Not yet due.
31 Dec 2026	Improved Group financial performance in 2026	19 Jan 2026	… In progress
	“FY26 profitability expectations unchanged: 'Transform & Grow' strategy supports medium-term margin, cash and returns improvement.” Also stated 10 Aug 2026 Status so far Not yet due.
31 Dec 2026	Balance sheet to de-lever in 2026	13 May 2026	… In progress
	“We continue to expect the balance sheet to de-lever in 2026” Status so far Not yet due.