Investor Centre

Marshalls – 2024 Preliminary Results

Date: 17th March 2025

Time: 10:00am GMT

Location of event: Peel Hunt

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Adjusted Return on Capital Employed (%)

8.2
Year	Adjusted Return on Capital Employed (%)
2024	8.2
2023	8.4
2022	13.3
2021	20.6
2020	8.2

Resilient Group performance in challenging market conditions, with the impact of lower revenue partially mitigated by decisive management actions and the benefit of our diversification strategy
Focused improvement actions in Landscaping Products gaining traction and reducing revenue decline
Strong performance by Roofing Products, which returned to revenue and profit growth, underpinned by a particularly positive solar performance that has continued into 2025

Building Products revenue increased sequentially in H2, returning profit growth and is well positioned for 2025
Well positioned for growth in 2025
Balance sheet strengthened through further reduction in net debt
‘Transform & Grow’ strategy launched in November 2024 and being rolled out at pace