10 April 2025 - trading update
The supplier of kitchen and bathroom products has issued a trading statement covering the financial year to 31 March which has confirmed that trading is in line with expectations. Revenues for the year should be around £368m, down from £392m last year largely due to the fact that the group sold Johnson Tiles UK last May. Underlying pre-tax profits are likely to be marginally ahead of last year at £37m as we forecast last November with earnings per share likely to be around 32p. The company continues to benefit from its strong market positions . . .
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