New strategy to be unveiled in November
黑洞社区 products firm Marshalls is set to outline a new group strategy this November as part of an ongoing review of business.
It said it had 鈥渋dentified a number of opportunities to deliver outperformance over the medium term鈥� and would announce details on 19 November.
Marshalls said areas identified for growth included bricks and masonry, water management and energy transition.
The news came as the firm said pre-tax profit for the half year to June was up 29% to 拢21.5m on revenue down 13% to 拢307m.
It said its landscape products business was hit by the fall in new build housing but the firm said it was taking a number of initiatives to improve revenue which will also be outlined in November.
Chief executive Matt Pullen added: 鈥淚 have a strong view that the segment鈥檚 performance can be substantially improved through a number of self-help measures which we are implementing at pace.鈥�
The news came as the firm said pre-tax profit for the half year to June was up 29% to 拢21.5m on revenue down 13% to 拢307m.
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