26 July 2022 - trading update
As regular readers will know the company has endured difficult trading conditions over recent months and the company has effectively put itself up for sale. Revenues in the first half of the year decreased by 17% compared with last year although market data suggests the overall market fell by 30%. The retail partnership with DFS Furniture continues to make progress and DFS is now eve's largest retail partner defined by revenue. The company has suffered from a high promotional spend which has clearly increased costs but management initiated substantial from May and these cost . . .
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