Marshalls revenues jump

Marshalls reported strong results this morning as revenues jumped 26% to £589m.

Compared to the same period in 2019, revenues were up 11%.

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“The Group has strong supplier relationships and our centralised procurement team continue to actively manage the supply chain to create flexibility and reduce risk,” said the group in a trading statement.

“Underlying market demand continues to be strong and the business has been experiencing trading volumes that are outperforming the Construction Products Association’s growth forecasts.”

Expectations for the year ending 31 December 2021 have been increased slightly.

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