17 October 2024 - interim results

Shares in the interior furnishings and design group have fallen further on the back of the interim results' announcement covering the six month period to 31 July.  Trading conditions have been difficult and revenues for the period fell 11% to £50.5m, with underlying pre-tax profits falling by 68% to £2.2m.  Earnings per share on the same basis were down 70% to 2.21p and the interim dividend was reduced to 0.5p from 0.75p.  Net cash at the end of the period had fallen to £9.6m from £16.3m at . . .

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