26 March 2024 - trading update
The UK's leading pet care business has announced a trading update for the 52 week period to 28 March 2024 ahead of its close period and this has confirmed that Q4 trading was broadly as expected. Pre-tax profits for the year are therefore expected to be around £132m, in line with previous expectations and guidance. We therefore expect earnings per share to emerge at around 22p whilst the group also expects to end the year in a net cash position despite returning over £100m to shareholders last year through dividends and share buybacks . . .
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