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The Markets
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The Markets
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Pharma & Biotech

Friday’s agenda – Marshalls to report; Numis upbeat

Marshalls reports interims on Friday and Numis is upbeat......

Friday sees paving stone specialist Marshalls (LON:MSLH) post its latest half year numbers, along with a clutch of other corporates, and Numis is upbeat on what the report may contain.

It expects the firm, established in the 1880s, to report strong growth with an 11% upsurge in revenue to £199mln.

It recommends people 'add' the shares to their portfolio.

The update should help to paint a picture of the UK construction sector, which by all accounts, has now turned a corner.

But it will also throw a light on the wider business activity of the group.

Numis says the Marshalls growth has been driven by volume sales in the public sector and the commercial market, but also growth in domestic and international markets

It may also be interesting to see if the group has rolled out any new products.

In March this year, US broker Jefferies said it expected the firm to benefit from doing just that- particularly those that reduce installation times.

This is particularly important in the domestic market, noted the broker, where 85% of Marshalls customers have projects installed for them.

Other announcements:

Interims: 888 Holdings (LON:888), BBGI Sicav (LON:BBGI), Boot (Henry) (LON:BHY), British Polythene Industries (LON:BPI), bwin.party digital entertainment (LON:BPTY), Candover Investments (LON:CDI), Cathay International Holdings (LON:CTI), Charles Taylor (LON:CTR), Chesnara (LON:CSN), Computacenter (LON:CCC), Exova Group (LON:EXO), Harworth Estates Group (LON:HWG), Huntsworth (LON:HNT), John Laing Infrastructure Fund (LON:JLIF), Kenmare Resources (LON:KMR), Lavendon Group (LON:LVD), Marshalls (LON:MSLH), Matomy Media Group (LON:MTMY), MHP S.A GDR (LON:MHPC), Restaurant Group (The) (LON:RTN), UTV Media (LON:UTV).

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