(via NewsDirect)
Crawford gives his take on the highlights from the results, which included a 1% increase in total sales to £354mln, adjusted profit of £17.4 million which exceeded initial guidance owing in part to cuts to marketing expenses. He says inventory levels aligned with expectations at £166 million, with a net cash position exceeding £10 million.
Although results were delayed due to rigorous auditing and revised growth assumptions, Crawford emphasised the company's strong liquidity position, backed by £50 million in assets. He acknowledges uncertainties in a volatile market but expresses confidence in
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