16 November 2023 - interim results

The leading supplier of branded products for the bathroom and kitchen markets has announced its interim results covering the six months to 30 September.  Despite the difficult market conditions, the company has performed pretty well with revenue for the period falling by 8.3% to £201.6m and underlying pre-tax profit falling by just 9% to £18.1m.  Diluted underlying earnings per share were down 12.4% at 15.6p and the interim dividend was maintained at 3.4p per share.  These were solid results with the UK increasing revenue although sales in South . . .

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