LONDON (ShareCast) - (Sharecast News) - Interim pre-tax profits at Landscape products group Marshalls rose 12% to £32.5m despite winter's "Beast from the East" storm hitting sales by £9m.
Revenue grew by 12% to £244.3m. The group said recent trading has been strong as it continued to experience strong order intake and was on track to meet full year expectations.

Operating profit increased to £33m from £29.8m, with operating margins slightly ahead at 13.7% from 13.6%. Underlying profits rose to £41.6m from £36.7m.

Basic earnings per share were up 10% to 13.24p and the interim dividend to 4p a share, up 18%.

"Revenue in both June and July is up 21 per cent against the prior year period. Encouragingly, despite wider political and economic uncertainty, the underlying indicators remain positive in Marshalls' end markets," the company said, adding that positive cash generation has continued in the period.

Despite the bad weather, domestic market results were in line with the prior year period reflecting strong growth either side of the bad weather period, Marshalls said.

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