15 April 2025 - trading update

The cycling and automotive services group has issued a trading update for the 52 weeks to 28 March and this has confirmed that the group had a strong finish to the financial year.  Revenues increased by 5.0% over the previous year with the result that adjusted pre-tax profits for the year are likely to emerge at the top-end of market expectations of between £32m and £37m.  The company has managed to increase margins during the year with the second half doing particularly well whilst it has also outperformed the £30m cost savings . . .

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