RE: Results2 Jun 2023 13:30
If you want to see a truly scary set of accounts, look at THG's RNS from 18th April. Revenue up 2%, loss up to about £500m loss, and 180m net debt. Obviously, not all accounts are that scary. Meanwhile, the historical situation for revb up to interims is not great but not all negative, but so so much positive stuff since the new year. Its actually making money this year. I am more bullish than I was yesterday, not because of the interims, but because of the cash generation this year which you see in the bank figure, and you have to presume they have already funded stock in the us for walmart.