StockMarketWire.com - Landscape products group Marshalls declared a supplementary dividend after rising revenue, buoyed by an acquisition, drove a 13% increase in annual profit.

Pre-tax profit rose to £52.1m, as revenue increased by 8% to £430.2m.

The company declared a final dividend of 6.8p per share, up 17% on-year, and a supplementary dividend of 4.0p, up from 3.0p in 2016.

'The group has again delivered strong profit growth year-on-year,' chief executive Martyn Coffey said.

'Good progress has been made in the year executing the 2020 strategy, notably the acquisition of CPM, and the ongoing self help programme to drive organic growth is progressing well.'

'The underlying drivers have remained positive in our main end markets and our sales and order intake have been strong in the first two months of 2018'

'We remain well placed to deliver continued growth and operational profit improvements.'




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