Drop in domestic demand drags down Marshalls profit

Marshalls has seen a significant split in its business with building products powering ahead while demand from private customers softens.
Group revenue for the nine months ended 30 September 2022 increased to £544m from £453m boosted by the £535m acquisition of roofing specialist Marley earlier this year.
On a like-for-like basis group revenue growth was 4% with a positive performance at Marshalls Building Products and Marley partly offset by the continuation of tougher trading