Marshalls

New strategy highlights the medium-term growth opportunity

  • Sectors : Building products
  • Companies : Marshalls

Ratings and price correct at time of issue.

  • Marshalls

    Closing Price: 325p

  • RATING 10/11/21

  • PREVIOUS RATING N/A

DAVY VIEW

Marshalls has updated its strategy and has revealed new financial targets ahead of its Capital Markets Event (CME). The new strategy, ‘Transform and Grow’, will look to leverage the strength of Marshalls’ brands, reputation and technical expertise while also benefiting from the longer-term growth driver of climate change. While some financial targets have been re-iterated, 2-4% outperformance versus the wider construction market sets the scene for an ambitious growth target over the coming years.

Download full report with analyst certification and important disclosures

Nov 19 2024, 08:43 GMT

Download