By Frank Prenesti
Date: Tuesday 19 Nov 2024
LONDON (ShareCast) - (Sharecast News) - Landscaping and building supplier Marshalls on Tuesday unveiled a new strategy targeting an operating margin of 15% and outperformance the wider construction market by 2 - 4%.
In a statement ahead of a capital markets day for investors, Marshalls said it would maintain "a disciplined capital allocation policy focused on optimising long-term shareholder value".
"The strategy is capital-lite with annual capital expenditure of between £20m - 30m and a targeted return on capital employed of 15%," the company said.
Reporting by Frank Prenesti for Sharecast.com
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Currency | UK Pounds |
Share Price | 249.00p |
Change Today | 4.00p |
% Change | 1.63 % |
52 Week High | 358.00p |
52 Week Low | 233.50p |
Volume | 562,827 |
Shares Issued | 252.97m |
Market Cap | £629.89m |
RiskGrade | 148 |
Value |
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Income |
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Growth |
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Strong Buy | 4 |
Buy | 1 |
Neutral | 1 |
Sell | 1 |
Strong Sell | 0 |
Total | 7 |
Latest | Previous | |
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Final | Interim | |
Ex-Div | 05-Jun-25 | 24-Oct-24 |
Paid | 01-Jul-25 | 02-Dec-24 |
Amount | 5.40p | 2.60p |
Time | Volume / Share Price |
16:35 | 166,866 @ 249.00p |
16:35 | 151 @ 249.00p |
16:35 | 1,494 @ 249.00p |
16:35 | 1,709 @ 249.00p |
16:35 | 2,249 @ 249.00p |
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