7 May 2025 - interim results
The distribution group has announced its interim results for the six month period to 1 March and these have come in as expected. Revenues for the period were down 0.6% at £536m although adjusted pre-tax profit rose by 11% to £17.7m helped by £3m of cost savings during the period. Adjusted earnings per share rose 10% to 5.4p and the interim dividend was maintained at 1.75p. There was a stable performance from the core newspapers and magazines distribution business whilst the new business initiatives such as waste recycling are making . . .
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