Strong trading for Marshalls in 2021 as home improvement boom continues

Landscape products group Marshalls today revealed that it achieved strong trading in 2021 as the home improvement boom continues.
By Greg Wright
Published 17th Mar 2022, 08:24 BST
Updated 17th Mar 2022, 08:26 BST

The group's full year revenue was £589.3 million, an increase of 26% on 2020 and 9% on 2019, which it said reflected the sustained heightened demand post COVID-19.

Marshalls said that homeowners continue to invest in home improvement projects and their outside spaces, leading to strong domestic growth.

Read More
How Leeds-based Emis has helped to improve collaboration across the NHS as it gr...
The group's full year revenue was £589.3 million, an increase of 26% on 2020 and 9% on 2019, which it said reflected the sustained heightened demand post COVID-19.The group's full year revenue was £589.3 million, an increase of 26% on 2020 and 9% on 2019, which it said reflected the sustained heightened demand post COVID-19.
The group's full year revenue was £589.3 million, an increase of 26% on 2020 and 9% on 2019, which it said reflected the sustained heightened demand post COVID-19.
Hide Ad
Hide Ad

Commenting on these results, Martyn Coffey, chief executive, said: “Trading remains strong and has continued to improve since the start of the year, notwithstanding ongoing supply chain challenges.

"At the end of February revenues were up 13 per cent and order volumes up 5 per cent compared to the same period in 2021. Despite the terrible situation in Ukraine and the current geo-geopolitical uncertainties that prevail, the outlook for the construction market remains positive.

"This continues to be supported by strong forward indicators, particularly in our target markets in New Build Housing, Road, Rail and Water Management."

Related topics:MarshallsUkraine