Marshalls suffers slump in sales and profits

Hard landscaping supplier Marshalls has seen profits for the first half of 2009 slump to £11.6m, down from £26.8m for the same period last year.

The RHS Chelsea Flower Show sponsor's turnover for the same period was £166m, down 21% on last year.

According to group chief executive Graham Holden: "Markets continue to remain volatile with no clear pattern emerging."

The hard landscaping sector is anticipated to contract a further 5.5% in 2010, according to the Construction Products Association.

 

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