29 November 2024 - interim results

The leading pet care group has announced disappointing interim results for the 28 week period to 10 October - although the group outperformed the market, the market itself was very subdued.  Periods of subdued trading conditions in the pet market are not unknown, but these do not usually last long and we do not believe this time will be any different with growth likely to resume, although probably not until later in 2025.  Revenues for the period under review rose by 1.9% to £789.1m with underlying pre-tax profits increasing by 14.1% to . . .

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