31 August 2023 - trading update
The group has issued a trading update revealing that trading remains mixed with good performances in some areas being offset by some challenges in other areas of the business. Nevertheless, it does seem that overall the group is making positive progress even though this may be at a slower rate than hoped for. We put up the shares as a speculative buy in our previous comment in July. As the shares are still roughly the same price we are happy to maintain this recommendation for the time being. SPECULATIVE BUY.
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