Something exciting is afoot at Brand Architekts. While backward looking results confirm the impact of lock-down restrictions, albeit an EBITDA decline of <20% isn’t a bad outcome, net cash is up >5% to £19m (c80% of the MKT CAP) and forward looking prospects are improving. BAR has pushed ahead with key parts of the growth strategy (Project 50), in particular brand relaunches, marketing plans, and DTC development - suggesting an imminent inflection point. M&A remains a key focus too, albeit timin ....
