12 December 2024 - trading update
The specialist distribution group has announced a trading update for the six months to 30 November confirming that trading has been as expected with encouraging growth in operating profit although pre-tax profits were lower due to higher finance costs. The increase in the latter is due to the expenditure on the Lymedale warehouse. At the end of November the company had a net cash position. In the fuels business, the company has seen similar volumes although margins were better and the company continues to look for acquisitions in line with its stated strategy. In . . .
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