11 April 2018 – trading update
The bathroom accessories supplies group has issued a trading statement for the year to 31 March which has confirmed that trading is in line with expectations with group revenue for the year expected to be around £300m compared with £271.2m in the previous year. Net debt at the year end is also as expected at £48m (2017: £23.2m) with the increase in borrowings due to the acquisition of Merlyn Industries last November. The shares remain GOOD VALUE.