BUZZ-UK's Marshalls tumbles on downbeat FY profit outlook
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Shares of UK landscaping and roofing products supplier Marshalls (MSLH.L) dropped 25% to 198p, marking its lowest point since October 2023. The company expects FY adjusted PBT to be between £42 million and £46 million, down from £51.4 million. Analysts at Peel Hunt noted that while this news is disappointing, strong performances in roofing and building products and ongoing operational changes in landscaping provide some optimism. Year-to-date, MSLH is down approximately 30%.
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