Creightons PLC Reports Resilient Financial Performance

Creightons (GB:CRL) has released an update.

Creightons PLC, a personal care and beauty products manufacturer, reported a decrease in annual revenue to £53.2m, a 9.2% drop, but saw an increase in gross profit margin to 42.9% and an improved EBITDA of £3.2m. The company has reduced its net cash debt significantly, proposed a final dividend of 0.45 pence per share, and implemented a six-point plan to improve profitability, including price increases and cost reductions. These strategic moves have led to a positive cash flow and stock level reductions, despite mixed revenue performance across different business segments and an exceptional impairment charge for the Emma Hardie brand.

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