Midwich Group plc (GB:MIDW) has released an update.
Midwich Group plc, a leading global Pro AV distributor, has reported record financial results for 2023, along with strategic growth through seven acquisitions and an expansion into the Canadian market. Despite this, they’ve faced a decline in organic revenue in the UK & Ireland and expect full-year adjusted operating profit to align with 2023 due to persistent market challenges. The company remains optimistic about long-term growth prospects and plans to release a trading update in July.
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