StockMarketWire.com - Marshalls, the specialist landscape products group, has bumped up its FY pretax profit and total dividend, with revenue also rising.

"The group has again delivered significant profit growth in 2016 with the underlying indicators remaining supportive in Marshalls' main end markets," said CEO Martyn Coffey in a statement."

Revenue was up 3% to £396.9m, with pretax profit up 31% to £46.0m and total dividend up 30% to 11.7p a share.

"Marshalls has a strong balance sheet and the Group's innovative product range and strong market positions mean it is well placed to deliver continued growth and operational profit improvements as it implements its 2020 Strategy," said Coffey.

"Sales and order intake have been strong in the first couple of months of 2017," he added, noting the Construction Products Association's recently published Winter Forecast reflected a slight improvement in medium term growth assumptions compared with the Autumn Forecast.





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