22 July 2026 - 316p

The UK's leading branded bathroom products business has issued a positive trading statement at the AGM today with a solid trading performance in the 13 weeks to 5 July.  Revenues for the period were 27.9% higher than the same period in 2025 helped by the acquisition of Fibo in October last year which has made a first time contribution.  On a constant currency, like-for-like basis revenues were up 3.1%.  We tipped the shares at 300p last month with a share price target of 470p and they remain a BUY.

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