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Landscaping and building products and supplier Marshalls reported a 13% decline in revenue for the first half on Monday, amounting to £306.7m. The FTSE 250 company said adjusted EBITDA fell 14% to £50.6m, and adjusted operating profit dropped 19% to £34m. Its adjusted profit before tax was down 20% to …

The British company now expects revenue for the year ending April 30 to be around 320 million pounds ($388 million), down from its previous forecast of 350 million pounds. ($1 = 0.8253 pounds) (Reporting by Amna Karimi in Bengaluru; Editing by Savio D’Souza) Source link