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£24.9 million profit before tax: that is the first-half 2026 result Marshalls plc (LON: MSLH) posted against revenue that barely moved, holding at £380 million as weak new housing and private repair, maintenance and improvement markets weighed on volumes.
The figure rose 13% year on year. Operating profit advanced 8% to £30.7 million, with lower finance costs carrying the additional increment through to pre-tax income.
Earnings per share rose 14% to £0.076; the board raised the interim dividend 14%, consistent with its two-times adjusted earnings cover policy.
Landscaping drives operating expansion Landscaping Products contributed £5.2 million of operating profit improvement, the principal source of H1 group earnings growth.
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