3rd Jun 2025 14:23
(Alliance News) - Pebble Group PLC on Tuesday said today's unknown was the impact of tariffs on business confidence in the second half, as it so far traded in line with expectations.
The Manchester, England-based provider of products and services to the global promotional products industry said there has been no significant adverse effect on its revenue from tariffs implemented on goods imported into the US.
Pebble said at Brand Addition, contract wins in early 2025 have built on those added in late 2024.
It said: "Across the group, we remain confident in our ability to maintain our excellent client retention rates and positively manage our profit margins. Operating cash conversion is strong and improving as planned."
The company added: "Whilst we are cautious about the impact of US tariffs on the strength and confidence of the wider macro economy, trading at Facilisgroup and Brand Addition is currently supporting the delivery of 2025 market expectations."
Pertinently on tariffs, Pebble said today's unknown was the impact of tariffs on business confidence in the second half of 2025, and any reduction in end user marketing budgets.
Pebble will publish half-year results on September 9.
Pebble shares fell 4.7% to 41.95 pence each on Tuesday afternoon in London.
By Tom Budszus, Alliance News slot editor
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