Marshalls Share Discussion Threads

[mike740] 28/8/2015 09:39

duplicate.

[cockneyrebel] 28/8/2015 09:35

If the price is rising on what looks like big sells then there should be an even bigger buyer getting filled imo, or several big buyers.



"ONDON-- Landscape products company Marshalls PLC (MSLH.LN) said full year trading will be above original expectations if good conditions continue into the second half.
Pretax profit for the six months ended June 30 rose to 20.8 million pounds ($32.6 million) from GBP14 million on revenue up to GBP199.06 million from GBP180 million the previous year. The dividend climbs to 2.25 pence from 2 pence.
"In order to drive growth, the group continues to develop the Marshalls brand and invest in product innovation and service delivery initiatives to deliver improved trading margins and increased return on capital employed," the company said. "

[brewsters_millions] 28/8/2015 09:33

Amazing All those hefty sells going through? Should be buying ...No ?

[cockneyrebel] 28/8/2015 08:43

A snippet from Numis:

"First half results show c.50% PBT growth and are ahead of our estimates.
Accordingly we have increased 2015 and 2016 estimates and we still feel the risk
is on the upside. In our view the outlook remains highly positive with end markets
growing and Marshalls market share increasing, which is translating into high
margins on incremental revenue and very strong cash generation."

[cockneyrebel] 28/8/2015 08:39

New highs being hit today - several broker buy notes out upgrading too.

Big smile Lauders :-)

CR

[cockneyrebel] 28/8/2015 08:11

Stunning trading update - they are going to smash forecasts imo.

Over 8p eps in H1 - 13p is the forecast for the year - they are more likey to do 18p for this year imo.

22p+ for next year when the forecast is 16p?

Got to go well higher imo

[bigbigdave] 28/8/2015 07:26

Marshalls PLC
Half Yearly Report
RNS Number : 3524X
Marshalls PLC
28 August 2015


Interim results for the half year ended 30 June 2015

Marshalls plc, the specialist Landscape Products Group, announces its half year results

Financial Highlights
Half Year ended
30 June 2015
Half Year ended
30 June 2014
Increase
%
Continuing operations:



Revenue
£199.1m
£180.0m
11
EBITDA
£29.7m
£22.2m
34
Operating profit
£22.0m
£15.6m
41
Profit before tax
£20.8m
£14.0m
48




Basic EPS
8.50p
6.11p
39




Interim dividend
2.25p
2.00p
13




ROCE
15.2%
10.1%
↑510
basis points
Net debt to EBITDA
0.7 times
1.4 times



Highlights:
· Revenue up 11% to £199.1 million (2014: £180.0 million)
· Improvement in operating margins to 11.1% (2014: 8.7%)
· Profit before tax up 48% to £20.8 million (2014: £14.0 million)
· Return on capital employed for the year ended 30 June 2015 up 50% to 15.2% (2014: 10.1%)
· EPS up 39% to 8.50 pence (2014: 6.11 pence)
· Interim dividend increased by 13% to 2.25 pence (2014: 2.00 pence) per share

Current priorities:
· To increase output to meet growing demand and to deliver benefits from operational gearing
· To further strengthen the Marshalls brand by developing systems based solutions, service excellence and new product development
· To grow our business organically and selectively through acquisitions
· To continue to develop and invest in our strategic growth initiatives, particularly in Water Management, Street Furniture, Rail and Newbuild Housing


Commenting on these results, Martyn Coffey, Chief Executive, said:

"The Group is well positioned to grow organically and selectively through acquisitions. We will continue to focus on growth initiatives during the remainder of 2015 and in 2016.

The Construction Products Association supports this view of growth and its Summer Forecast predicts growth in UK market volumes of 4.9 per cent in 2015 and 4.2 per cent in 2016. In order to drive growth, the Group continues to develop the Marshalls brand and invest in product innovation and service delivery initiatives to deliver improved trading margins and increased return on capital employed."

[lauders] 23/8/2015 12:35

Hope there are no upsets CR! I will be out of Thailand on that day and not able to deal for a while. The joys of traveling and not being able to follow events as they unfold all the time. Fingers crossed!

[cockneyrebel] 23/8/2015 11:12

Interims on Friday Lauders.

CR

[lauders] 23/8/2015 02:31

Indeed CR. Just hope I haven't jinxed it now! Probably shouldn't have said anything ;-)

[cockneyrebel] 22/8/2015 09:25

Yep, served well in the recent rout Lauders :-)

CR

[lauders] 22/8/2015 02:09

Given the rest of the market and my holdings Marshalls are looking pretty strong at the moment. Long may it continue. Need some stability somewhere now and the rest of my holdings are not so happy overall.

[investopia] 04/8/2015 13:59

A 2 o'clock chart. Or maybe a half-past one chart -- not sure!

[cockneyrebel] 04/8/2015 13:24

One to just hold and relax with imo.

CR

[lauders] 04/8/2015 13:23

Agreed ttjohns. Slow and steady is good sometimes!

[ttjohns] 04/8/2015 08:13

Share price just keeps on rising. Lovely chart. Quiet board.

[luckymouse] 29/7/2015 12:37

..............................Actual....Estimate..Prev...

GBP - Mortg Approvals (Jun) - 66.582K - 66.000K - 64.826K
GBP - Consumer Credit (Jun) - £1.220B - £1.100B - £1.057B

Looks like consumers are going for it since the election

[luckymouse] 11/7/2015 13:00

but automatic planning permission...!

[dlku] 08/7/2015 14:20

less moolah for landlords, less demand from housebuilders

[cockneyrebel] 06/7/2015 09:28

Market likes the update it seems :-)

CR

[lauders] 06/7/2015 07:43

Looks good going forward CR. Don't think it is going to set the house on fire, but steady as she goes is fine by me here. Recent dividend that was paid helps too ;-)

Just wish I could "predict" other things like the timing of the trading statement LOL!

[cockneyrebel] 06/7/2015 07:13

There's the trading update, an a positive one too imo.

CR

[lauders] 04/7/2015 03:06

Nice recovery on the day last session. Perhaps an update on Monday? Soon find out!

[cockneyrebel] 03/7/2015 11:00

Proquote had them down for a trading update today.

You don't have to do iMS statements anymore so perhaps they have skipped it.

CR