22 January 2025 - trading update
Yet another disappointing trading update from the wallpaper and soft furnishings group has seen the share fall further. Revenues for the financial year ending this month are likely to be £101m, down from £108.6m last year and a little lower than previous expectations. However, this will result in a greater fall in profitability due to the sales mix. Underlying pre-tax profits are now likely to be between £4m and £4.8m. Net cash is also likely to be around £5m at the year end down from £16.3m a year ago. There have . . .
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