Hard landscaping manufacturer Marshalls had an 11 per cent rise in revenue for the sixth months to 30 June, up to £199m, the firm said yesterday.
Sales to the public sector and commercial market were up 15 per cent compared with 2014, and represented 64 per cent of Marshalls’ total sales. Sales in the domestic market made up 30 per cent of the firm’s sales and were up four per cent against their performance in 2014.
The foreign unit now accounts for six per cent of Marshalls’ sales after seven per cent growth in the same period.
Shares in Marshalls closed at 320.5p, up 0.31 per cent.
Spring forecasts from the Construction Products Association predict a growth in UK market volumes of 5.5 per cent for this year and four per cent in 2016, with high levels of development anticipated in rail, new-build housing and water management.
Martyn Coffey, who leads Marshalls, said: “We are continuing to invest in the further development of the Marshalls’ brand across all of the group’s businesses, as well as in product innovation and service delivery initiatives to deliver continued sales growth.”