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May 14 2025, 08:08 IST/BST
Marshalls
Some encouraging signs with a return to revenue growth
- Sectors : Building products
- Companies : Marshalls
DAVY VIEW
Marshalls has reported a solid start to the year, and a year-on-year improvement in revenues is to be welcomed. Full year expectations are unchanged, and earnings estimates for the year should remain in place. This is encouraging, but the transition from a steady performance to meaningful earnings momentum will require help from end-markets. This clearly has yet to emerge and is likely to constrain the stock’s near-term upside potential.
