7 February 2022 - trading update

The luxury home furnishings group, which supplies wallpapers, fabrics and paints, has announced a trading update for the financial year ending 31 January 2023.  Strong performances from the Morris & Co brand, licencing and North America have helped to offset the impact of the withdrawal from the Russian market and a small decrease in manufacturing revenue.  As a result, sales for the year are expected to be similar as the previous year at £112m although this is slightly less than the £115m we were expecting.  Net cash at the year end was £15.2m compared . . .

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