- My Account
- Logout
- Register
- Login
Marshalls is flagging in the downturn
Related Articles
29 August 2008
With local councils strapped for cash and consumers holding off on major DIY work, Marshalls has seen business suffer. It still managed to make £23 million in the six months to 30 June but that was down from £27 million a year earlier.
Chief executive Graham Holden said: "Marshalls has an experienced team which, in response to the difficult market environment, has moved swiftly to refocus the business and reduce the cost base."
The group is looking to conserve cash while expanding where possible. Holden says the group will benefit from being a trusted brand in difficult times. It expects to take a full-year one-off charge of £8 million related to the closure of two concrete plants in the Midlands. The interim dividend is held at 4.55p.
Comments
Top stories in Business
Top stories in Business
-
London gets ready for the Diamond Jubilee - in pictures
-
EXCLUSIVE: I won't play with Joey Barton, says Adel Taarabt
-
Diamond Jubilee: Boat by boat, here is where to watch the Queen's Thames flotilla - VIDEO
-
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
News pictures of the day
-
London 2012 Olympics: Raising the bar and the Games haven't even started yet. Price of toasting Team GB is £6 a pint! -
Timebomb ticking in Thames Estuary could put Boris Island plans in jeopardy -
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
‘We will form a human barricade to keep missiles off our homes’
-
Regent’s Park rapist: Teenage jogger assaulted by stranger in terrifying 7am attack
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
A home to be proud of with Halifax
Download the Halifax's brilliant, free new Home Finder app, and take all the pain out of finding your dream home.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Celebrate with MARTINI®
This weekend toast one royal with another and make your Jubilee sparkle with a MARTINI Royale.
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.
Why I think doctors are right to strike
Family pay tribute to the London man who gave his life to save a five-year-old girl from drowning
Eton schoolboys fly Games flag on Everest
Horror on the 5.53! Commuter dragged 200 feet after getting hand trapped on train
Shrimpy's - review