Marshalls Share Discussion Threads

[the grumpy old men] 12/5/2021 08:41

Outlook

Trading continues to improve and order books are currently strong. The Construction Products Association's recent Spring forecast predicts an increase in UK market volumes of 12.9 per cent in 2021 and 5.2 per cent in 2022. This continues to reflect a more positive trading environment and the external purchasing and consumer confidence indicators continue to strengthen. The Board remains focused on developing future growth opportunities and delivering the strategic objectives set out in the 5-year Strategy, whilst ensuring that operations incorporate health and safety practices that go "over and above" current recommended COVID-19 guidelines.

The Board is encouraged by the sustained increase in demand during the first four months of the financial year and now expects trading for the full year to be ahead of its previous expectations.

[trt] 12/5/2021 08:39

Chart looking good to £8.00.

[trt] 12/5/2021 08:35

Broker upgrades to come - got to be in it to win it.

[sparty1] 25/3/2021 18:30

excellent day ,moving to profit. No one has a clue.. :)

[sparty1] 23/3/2021 13:57

and I have added today. Following the same path as my kier investment which led to substantial profits.
Same with Ryan Air
Same with SYME..
Still holding syme ,waiting for update.

[sparty1] 23/3/2021 08:48

yes ,dropping back but an opportunity imo.To build a decent stake in the company.

[gswredland] 12/3/2021 17:36

Marshalls never seems to sustain any rise. Looks like we could be heading back for 650 even given the strong trading update

[gibbs1] 11/3/2021 12:09

MARSHALLS PLC (MSLH)

Real-time Estimate Quote. Real-time Estimate Cboe Europe - CXE - 03/11 12:08:09 pm

752.5 GBX +7.81%

[gibbs1] 11/3/2021 12:05

Dividend

Due to the impact of COVID-19, the Board did not propose an interim dividend during 2020. However, the payment of dividends continues to be a key pillar of the Group's capital allocation policy. The Group continues to maintain a progressive dividend policy with the objective of achieving two times dividend cover over the business cycle. As earnings increase we plan to share the increase between strengthening cover and progressively raising the rate of dividend.

The Board is now proposing a final dividend of 4.30 pence which compares with earnings per share of 8.60 pence for the year ending 31 December 2020 (before exceptional operational restructuring costs and asset impairments).

On the assumption that trading supports this position, the Group would look to maintain the stated policy of two times cover for the year ending 31 December 2021. This policy will provide increased returns for shareholders whilst at the same time recognising an appropriate degree of caution and stewardship.



Outlook

Trading has started strongly in 2021. At the end of February, sales are up 7 per cent and orders are up 12 per cent compared to same period in 2020. The CPA's winter base case scenario predicts an increase in UK market volumes of 14.0 per cent in 2021 and 4.9 per cent in 2022. Despite wider market uncertainty, the underlying indicators in our main growth markets of New Build Housing, Road, Rail and Water Management remain positive.

Although market demand remains uncertain, we remain focused on developing future growth opportunities and delivering the strategic objectives in our 5 year Strategy. Our strategy continues to be underpinned by strong market positions, focused investment plans and an established brand. Marshalls' liquidity is strong and will support our investment priorities going forward.

Encouraged by the strong trading performance, the Board is raising its expectations for 2021.

[gibbs1] 11/3/2021 12:03

Next strong resistence 794.50p

[philanderer] 11/3/2021 11:47

Darn it, missed the boat here :-)

Well done holders.

[gswredland] 11/3/2021 07:56

Yes looking good!

[ygor705] 11/3/2021 07:41

Dividend restored at a modest level and an upbeat statement re trading in this mornings results. Looks like the recovery is well underway here.

[lauders] 02/3/2021 01:25

Two new videos out from MSLH: &

Both are good in my view, but the first one seems very modern and up to date!

[lauders] 22/2/2021 01:29

12th March and we will have the Prelim results:

We will no doubt hear more about this newly formed division:

Marshalls Bricks and Masonry has become the latest division to be formed by Marshalls plc. With over 100 years expertise in the walling sector from within the core business and across recent acquisitions , our new division is focused on the design, manufacture and delivery of bricks, walling and masonry solutions, all to the high standards that are synonymous with the unmistakable Marshalls quality.

[misca2] 13/1/2021 14:19

Dividend re-instatement

The Board has confirmed its intention to re-instate dividend payments, commencing with a final, full year dividend for 2020. Distributions will be in line with the Group's stated objective of dividends covered twice by earnings over the business cycle.

Outlook

Trading continues to improve and order books remain strong. The Board anticipates out-turns for 2020 and 2021 modestly above current expectations. We continue to monitor closely any risk to demand due to the worsening COVID situation in Q1. We are taking appropriate and timely measures to best mitigate any impact.

The Board intends to issue its full year Preliminary Announcement on 11 March 2021.

Although market demand remains uncertain, we remain focused on developing future growth opportunities and delivering the strategic objectives in our 5 year Strategy. Our strategy is underpinned by strong market positions, focused investment plans and an established brand.

[misca2] 13/1/2021 13:41

Builders and building materials
Oliver Haill

09:26 Wed 13 Jan 2021


Marshalls plans to pay final dividend after returning to growth

Domestic revenues rose 9% in the second half but the much larger Public Sector & Commercial business declined 6%


Marshalls PLC (LON:MSLH) said it plans to pay a final dividend for 2020 after sales returned to growth in recent months.

The maker of paving stones reported revenues of £469mln for the past year, down 13% on the year before.

Strong demand in the domestic end market has been a key driver of sales into the final months of the year, plus a return to more normal levels of trading in the public sector and commercial end markets, the FTSE 250 company said.

In the six months to end December, domestic revenues rose 9% and the small overseas business was up 18%, but the core Public Sector & Commercial business declined 6%.

Management reported that the commercial order book in rose year-on-year in the fourth quarter.

“Reflecting our increasing market confidence, in 2021 we will commence construction of a flagship dual block plant at our St. Ives manufacturing site, which will be the first facility of this nature in the UK,” Marshalls said, with a significant capital investment of roughly £20mln over three years.

After the company skipped its interim payout, broker Shore Capital estimated the final dividend will be “in the region of 4.5p per share”, up from a previous forecast of 2.5p.

This implies a payout ratio of 50% and “signals optimism that earnings recovery will continue into FY21”.

ProactiveINVESTORS

[misca2] 13/1/2021 13:31

MT Newswires) -- Marshalls (MSLH.L) said Wednesday it predicts out-turns for 2020 and 2021 to be slightly above current expectations as trading continued to pick up and order books stayed strong.

The basic materials manufacturer said its group revenue for 2020 fell to 469 million pounds sterling ($642 million) from 542 million pounds in 2019.

Sales rose 9% in the domestic end market and 18% in the international business segment for the second half of 2020. However, sales were down 6% in the public sector and commercial end market.

The results prompted the board to affirm its intention to restore dividend payments for 2020.

[stamfordram] 13/1/2021 13:21

Struggling to understand the impact on the share price of what appears to the layman to be a positive update - dividend re-instatement, positive cash / debt position , no potential write back of Furlough. Any insight gratefully received!

[discodave45] 13/1/2021 12:01

Guess it's sell on news!.Overall IMO it was an excellent update, marginally ahead, group rev for the year only 13% below prior year, reinstating dividends, debt only increased £8m having paid back £21m of C19 government assistance and a very positive outlook.

[grupo] 29/12/2020 08:33

Thats correct

it was to remind me that things were improving and be much better next year





Now hoping for the 794p resistence to be broken in the new year but perhaps thats asking a little too much
as it seems currently fairly valued imo

[glaws2] 29/12/2020 08:15

grupo - that's the November trading update

[grupo] 26/12/2020 19:17

Marshalls Raises Expectations for FY21 as Trading, Order Books Pick Up
11/12/2020 | 09:09am GMT

04:09 AM EST, 11/12/2020 (MT Newswires) -- Marshalls (MSLH.L) said Thursday it is bumping up its expectations for 2021 amid an improvement in trading and order books.

The landscape products manufacturer's sales in October were up 5%, on a like-for-like basis, over the year-ago month driven by strong demand in the domestic end market, a return to normal trading in the public sector and commercial end market, and growth in the international market.

[waldron] 26/12/2020 17:27

NEXT RESISTENCES 742 and 794.50p

seems real news some way off to cause real movement


April 2021
01/04/2021 08:00:00
Next Annual Report



May 2021
13/05/2021 08:00:00
Next AGM

[waldron] 26/12/2020 17:20

Financial Calendar

Forecast Key Dates

31 December
2020
31/12/2020 00:59:59
Next Full Year End