12th Jan 2023 13:53
ProCook Group PLC - Gloucester-based kitchenware retailer - Posts revenue of GBP22.4 million for the third quarter of financial 2023, down 2.5% year-on-year. Excluding revenue from discontinued Amazon channels, however, revenue grew by 0.8%. Total like-for-like revenue declined by 3.8% in the quarter.
Chief Executive Officer Daniel O'Neill says: "While we remain mindful of the current economic climate, the group's recent performance positions it well to deliver on current market expectations for the full year. Our plan to maximise our trading performance and profitability will enable us to emerge stronger from the challenging trading environment and we remain confident that we will capture increased share of the large kitchenware market with our specialist offer."
Current stock price: 31.10 pence each, up 9.2% on Thursday in London
12-month change: down 80%
By Xindi Wei, Alliance News reporter
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