Reiterates FY outlook, Marshalls H1 profits rise despite revenue dip

Plus500 repeated its full-year outlook as it reported record interim results. Revenues rose 12% year-on-year to $462.9m, customer income climbed 24% to $460.8m, and underlying earnings edged up 1% to $187.5m. UK builder products group Marshalls also posted a profit improvement: adjusted operating profits increased 8.1% to £30.7m for the six months ended 30 June, helped by a recovery in landscaping products tied to improved service levels and early benefits from its turnaround plan. Group revenues fell 0.5% to £317.8m, while adjusted earnings per share rose 14.4% to 7.6p due to lower finance costs and a reduced tax rate. Other UK business headlines covered cost-of-living measures, cyber risks, and Heathrow’s request for extra early funding.