Caffyns (GB:CFYN) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Caffyns PLC reported a 3% increase in revenue to £137.7 million for the six months ending September 2024, driven by a shift back to a traditional wholesale model by one manufacturer. Despite challenges like elevated staffing and utility costs, the company improved its profit before tax to £0.21 million and maintained an interim dividend of 5.0 pence per share, reflecting a solid performance amidst a tough trading environment.
For further insights into GB:CFYN stock, check out TipRanks’ Stock Analysis page.
