CMO Group PLC (GB:CMO) has released an update.
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CMO Group PLC, the UK’s largest online-only building materials retailer, reports a tough first half of 2024 but shows signs of recovery with incremental gains in average order value and market share. Despite the challenging market conditions, CMO has made strategic advances, including the launch of a new customer loyalty program and the migration of its server infrastructure to AWS, positioning the company for future growth. The management remains confident in the company’s resilience and continued growth as market conditions improve.
For further insights into GB:CMO stock, check out TipRanks’ Stock Analysis page.
