10 May 2024 - Q3 trading update
The owner of a number of leading homeware brands has issued a disappointing trading statement covering the period 1 February to 30 April. At the time of the interim results, the company revealed first half revenues down some 4% although adjusted EBITDA was pretty flat. The third quarter has seen a deterioration in trading with revenues down 7% and the company is expecting this trend to continue during the rest of the financial year. As a result, the company has reduced its expectations for FY 2024 with revenues and adjusted EBITDA expected to be . . .
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