14 December 2023 - interim results
The electrical retailing group has announced its interim results for the half year to 28 October 2023 and these have revealed a 7% drop in revenue to £4.16bn as consumer spending came under pressure. The group's adjusted loss before tax was similar to the same period last year at £16m. Net debt at the end of the period was £129m, up from £97m at the start of the period, although the forthcoming sale of the group's Greek business will raise net proceeds of £156m. This is expected to conclude in the first . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
