UK's Marshalls falls on lower first-half profit

Shares of UK landscaping and roofing products supplier Marshalls MSLH.L down 1.2% at 203.5p

MSLH reports HY adj pretax profit of 22 mln pounds ($29.62 mln), compared with 26.6 mln pounds a year earlier

Says end markets remain challenging with subdued demand pressuring prices, and a less profitable product mix adversely impacting profitability

Co currently sees no improvement in market activity through remainder of 2025, echoing peers including Travis Perkins TPK.L

Keeps full-year guidance unchanged

Tough first half for group, as landscape division held back decent performances in other divisions - analysts at Peel Hunt

Stock down ~29% YTD vs a 6.47% rise in FTSE mid-caps .FTMC

($1 = 0.7427 pounds)