24 July 2024 - AGM update

The bathroom and kitchen products group has announced a trading statement to coincide with its AGM.  This covers the 13 weeks to 30 June and has confirmed that the group has put in a resilient performance with like for like revenue at a similar level to last year.  On an actual basis, revenue was down 5.9% reflecting lost sales due to the disposal of Johnson Tiles UK and Norcros Adhesives.  The company therefore believes that it is on target to meet its expectations for the year.  With pre-tax profits for the year likely . . .

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