Member Article

Huddersfield paving firm Marshalls reports 22% growth

Huddersfield-based paving firm Marshalls has announced that revenue from continuing operations for the four months ended 30 April 2014 was up 22% at £113 million (2013: £93 million).

This compares with a 9% reduction for the same four month period last year following the particularly bad weather in the first quarter of 2013.

Compared with 2012, the continuing revenue for the four months ended 30 April 2014 represents an increase of 10%.

Sales to the domestic end market, which represent approximately 32% of group sales, were up 19% compared with the prior year period.

Marshalls has experienced a strong start in 2014 and, although it is only 19 weeks into the current year, the firm expects that it is likely that the full year results will be above current market expectations.

The group said: “Marshalls is experiencing strong sales growth in all its major end markets and the group is increasing output to meet growing demand and deliver benefits from operational gearing.

“The group remains focused on product innovation and service delivery initiatives to deliver continued sales growth and improve trading margins.”

This was posted in Bdaily's Members' News section by Clare Burnett .