Debenhams Group added that it is exploring significant licensing opportunities and continues to advance the sale of non-core assets, which it said would materially reduce net debt over the next 12 months.
Weichai Was signed 5 Nov with Upfront IP fees part year, depending on external audit rules. But ceres carried forward £5m into 2025 from previous year accounting.
I do not believe Ceres will issue a Trading update this January.
Given the Weichai announcement late in the year and the timing of licence fee revenue recognition, they may not issue a stand-alone year-end trading update this year and will instead provide an update at the Full Year Results.