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UK’s Marshalls reports rise in annual profits

Marshalls recorded pre-tax profits of £13 million (€15.55 million/US$21.49 million) in 2013, up from profits of £9.3 million the previous year. The paving block maker's revenues reached £307.4 million, up from £300.9million the year before. Marshalls benefited from a strong second-half performance and an increase in international sales to £16.5 million. The company added that sales for the first two months of 2014 are up 18% against the corresponding period in 2013, although it acknowledged that sales
March 31, 2014 Read time: 1 min

3071 Marshalls recorded pre-tax profits of £13 million (€15.55 million/US$21.49 million) in 2013, up from profits of £9.3 million the previous year.

The paving block maker's revenues reached £307.4 million, up from £300.9million the year before.

Marshalls benefited from a strong second-half performance and an increase in international sales to £16.5 million. The company added that sales for the first two months of 2014 are up 18% against the corresponding period in 2013, although it acknowledged that sales in the first two months of 2013 were hit by the weather.

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