Heath (Samuel) & Sons (GB:HSM) has released an update.
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Samuel Heath & Sons reported a 3.3% dip in sales for the half-year ending September 2024, but managed a slight increase in operating profit to £481k due to cost savings. While cash reserves grew to £1.937m, the company faces challenges with lower-than-expected order intake amidst uncertain market conditions. Despite these challenges, the Forme Collection is performing well, exceeding sales targets with new finishes driving demand.
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