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 | 315.00p |
Change Today | -2.50p |
% Change | -0.79 % |
52 Week High | 358.00p |
52 Week Low | 233.20p |
Volume | 216,227 |
Shares Issued | 252.97m |
Market Cap | £796.85m |
Beta | 1.65 |
RiskGrade | 148 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 3 |
Buy | 1 |
Neutral | 2 |
Sell | 0 |
Strong Sell | 0 |
Total | 6 |
Latest | Previous | |
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Interim | Final | |
Ex-Div | 24-Oct-24 | 06-Jun-24 |
Paid | 02-Dec-24 | 01-Jul-24 |
Amount | 2.60p | 5.70p |
Time | Volume / Share Price |
16:40 | 10,000 @ 313.97p |
16:40 | 10,000 @ 313.50p |
16:35 | 56,645 @ 315.00p |
16:35 | 1 @ 315.00p |
16:35 | 424 @ 315.00p |
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