18 August 2023 - trading update
The owner of many leading brands in the homeware sector has released a trading update for the year to 31 July with revenues rising by 8% to a record £166.3m. The company has seen strong growth in its online division where revenues rose 64%. Adjusted pre-tax profits are expected to have risen by 6% to £16.8m, pretty much in line with guidance. The new financial year has started well and with further growth on the cards we retain our recommendation of BUY.
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