Commercial Hard Landscaping & Construction Consumer Gardens & Driveways Corporate Home About Us Strategy Our 5 year Strategy lays the foundation for achieving our strategic goal of being the UK's leading manufacturer of products in the Built Environment Martyn Coffey - Chief Executive Delivering our strategic growth objectives Our 5 year Strategy maintains the objective of delivering sustainable growth. The main elements are: Continued focus on organic growth and investment - capital expenditure of £30 million planned for 2021 to drive growth Increasing momentum in the delivery of the digital strategy through continued investment and continuous improvement Increase in research and development and new product development to drive sales growth Renewed focus on increasing the profitability of the Emerging UK Businesses Continuing to target selective bolt-on acquisition opportunities in New Build Housing, Water Management and Minerals Continued focus on customer service, brand, operational and manufacturing excellence and procurement efficiency Maintaining a strong balance sheet, a flexible capital structure and a clear capital allocation policy Maintaining a 2 times earnings cover dividend policy, enhanced by supplementary dividends Our vision Our vision is to create better spaces and futures for everyone; socially, environmentally and economically. Our mission Our continuing mission is to deliver sustainable growth through a brand that drives customer specification of innovative product solutions for the built environment. Strategic Priorities Brand preference for product specification Digital transformation New product development Logistics excellence Sustainable materials supply Customer centricity Operational excellence Growth in the emerging businesses Developing strategy The impact of COVID-19 has presented many challenges, but we remain confident that our strategy is the right one, with built-in flexibility such that the pace of delivery can be adjusted for external uncertainties. We remain committed to the 2025 Strategy as our driver for growth. Shareholder value To deliver sustainable shareholder value by improving the long-term operating performance of the business. Our objectives • To make strategic investments for organic growth and acquisitions. • To strengthen the Marshalls brand by developing systems-based solutions and by promoting ESG values. • To maintain a progressive dividend policy and a dividend cover of 2 times over the business cycle. What we have achieved Key 5-year strategic priorities Sustainable profitability To maintain a strong market position and grow the business profitability in all the Group’s end markets. Our objectives • To outperform the market. • To deliver new and innovative product solutions. • To invest in IT and lead the digital transformation. • To drive through sustainable cost reductions. What we have achieved Key 5-year strategic priorities Relationship building To develop relationships with key stakeholders, customers and installers. Our objectives To focus on stakeholder engagement at all levels. Sustainable and ethical materials supply – to enable manufacturing flexibility. To focus on customer satisfaction. To promote integrated product solutions. To focus on installer training, marketing and sales support. What we have achieved Key 5-year strategic priorities Organic expansion To invest in organic expansion in existing and related markets and product categories to expand the business. Our objectives • To target growth areas such as New Build Housing, Road, Rail and Water Management. • To invest in capital expenditure for organic growth. • To increase sustainable profitability in the emerging businesses. • To increase new product development. What we have achieved Key 5-year strategic priorities Brand development To strengthen and extend the Marshalls brand by focusing on innovation, service and new product development. Our objectives • To focus on The Marshalls Way and our ESG priorities. • Customer satisfaction – to be thesupplier of choice. • To lead the market on customer service and product quality. • To maintain the highest health and safety standards. • To pioneer the digital standard for our industry. What we have achieved Key 5-year strategic priorities Effective capital structure and control framework To maintain efficient and effective business controls and to ensure that the capital structure remains aligned with the Group’s corporate growth objectives. Our objectives • To maintain a strong balance sheet, a flexible capital structure and a clear and fully aligned capital allocation policy. • To maintain a flexible capital structure that recognises cyclical risk, focusing on security, efficiency and liquidity. What we have achieved Key 5-year strategic priorities Our History Read more What We Do Read more Help & Support Contact Us Check Delivery Progress Our Locations UKCA Marking Modern Slavery Statement Marshalls Product Ranges Marshalls Gardens & Driveways Marshalls Commercial Marshalls House Builders Marshalls International Marshalls Factory Outlet Bollards Direct Block Paving Registered Address Marshalls Mono Ltd Landscape House Premier Way Lowfields Business Park Elland HX5 9HT Terms & Conditions Privacy Policy Our Policies Site Map facebook Pinterest Instagram Twitter linkedIn YouTube Copyright © 2021 Marshalls.co.uk We use cookies to help give you the best experience possible. By continuing, you agree to our use of cookies. For further information on the types of cookies we use, please see our privacy policy. Accept & Close keyboard_arrow_right