26 June 2025 - trading update
The owner of a number of household brands has issued a disappointing trading update for the four month period from February to May 2025 as, although revenues are up by 3% overall, the sales have been in lower margin products. There has also been a lower rate of order intake with £4m of orders deferred from the current financial year to 31 July into next year. Revenues for the current year are likely to be 4% lower than last year and the board therefore expects adjusted EBITDA to be around £12.5m as against expectations . . .
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