29 January 2026 - AGM trading update
The company has issued a positive trading update ahead of its AGM confirming that trading in the current financial year to 29 August 2026 is in line with expectations. We therefore expect adjusted pre-tax profits for the year of around £35m for earnings per share of 10.4p. This puts the shares on a P/E ratio of only 6.6x which looks too low especially taking into account the total dividend for the last financial year of 8.55p per share. Although this includes a special dividend of 3p per share this . . .
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