Marshalls, the manufacturer of natural stone and concrete landscaping products, reports group revenue up 8% to £430m for the year to end of December 2017.
Group revenue includes £9m from CPM Group, which was acquired in October 2017 and has traded strongly since. On a like-for-like basis, excluding the impact of CPM, group revenue was up 6%.
Sales in the domestic end market, which represented approximately 32% of group sales, were up 12% compared with the prior year period.
Excluding CPM, sales in the Public Sector and Commercial end market, (which represented approximately 61% of group sales), were up 2 % compared with 2016.
Targeting growth markets
The group continues to target those parts of the market where higher levels of growth are anticipated including newbuild housing, water management and rail.