Armchair trader13 Mar 2024 08:07
MusicMagpie [LON:MMAG] has issued full year results this morning for the 12 months to 30th November, noting margin improvements and overhead reductions combining to bump EBITDA some 15% higher. That positive momentum, coming off a record Black Friday, has been carried into the new trading year and management are optimistic that the “second-use” market will continue to grow. It certainly resonates both with the cost of living situation and the desire to re-use or recycle.
Ps - not sure where @HedgeHogarth’s analysis has gone