RE: These are decent results and dividend maintained29 Jul 2025 10:56
The market is crazy at times but it looks a completely different business since Covid - looking at the financials from 2020 compared to now (albeit Covid was harsh on the figures), yet the SP is almost touching the same levels. The growth since 2019 has almost doubled in revenue.
GLA but this looks like a great entry point IMHO. DYOR
Financial performance July 2020-
· Total sales in H1 2020 £300.6m (H1 2019: £546.3m)
· H1 Company-managed shop like-for-like sales* down 49.0%
· Pre-tax loss £65.2m (H1 2019: £36.7m profit)**
· Net debt at period end of £26.2m, reflecting operating cash outflows and issue of £150m of CCFF commercial paper
· Working to establish bank financing facilities in second half of year
· No interim dividend declared