Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, said its group revenue rose 2% to £548 million in the 10 months ended October 31, 2025.

In a trading update for the 10 months, Marshalls said its previous expectations for full year 2025 remain unchanged.

Company guidance is for adjusted profit before tax for 2025 to be in the range of £42 million and £46 million.

Landscaping Products’ revenue for the 10 months fell 1% to £232 million. Revenue in the four months to October was flat year-on-year “reflecting the actions taken to stabilise the business and an improving revenue trend for commercial products.”

Building Products’ revenue for the 10 months rose 5% to £150 million. Revenue growth in the four months to October moderated to 4% with continued good growth in Water Management and Mortars.

Roofing Products’ revenue for the 10 months rose 5% to £166 million “driven by growth of c.35 per cent in Viridian Solar” and a modest reduction in Marley.

“As expected, the rate of growth in Viridian Solar moderated in the four months to October as the implementation of the Part L energy efficiency regulations matured and comparatives were tougher as a result,” said Marshalls. “Marley revenues contracted in the same period due to a softening in market activity levels and relatively strong comparators in 2024.”

Marshalls CEO Matt Pullen said: “Marshalls has delivered a resilient performance, with group revenues up two per cent year-on-year despite current market conditions, and our full year profit expectations remain unchanged.

“We continue to make good progress with our ‘Transform & Grow’ strategy and, looking ahead, Marshalls is well positioned to benefit from a market recovery and the structural growth drivers that underpin our businesses over the medium-term.”