18 January 2024 - trading update
The company has issued a trading statement covering the period from 18 October and this has confirmed that trading since then has been in line with expectations. Group revenue for the year to 31 December 2023 came in at £671m (our forecast was £672.5m) which was down some 13% on a like-for-like basis on 2022. This fall came as a result of lower demand from housebuilders and lower levels of activity in private housing repairs and maintenance. The company has taken action during the year to reduce capacity and costs and annual . . .
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