7 May 2025 - trading update
The wholesale business has issued a trading statement covering the six month period to 30 April and this has confirmed that trading remains in line with expectations. We last commented on the shares in March when we suggested that they were a buy at 262p following some buying by the directors. Since then the shares have risen by 16%. Trading in the first half of the year was satisfactory despite the challenging conditions in the hospitality industry although these recovered towards the end of the period. The most recent acquisition Creed Foodservice is performing well . . .
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