FY20 results and current trading highlight the transitional covid lock-down effects on margin mix and costs. However, looking forward MCLS is well positioned in a growth market and, following the recent strategic agreements with its banks and Morrisons, it is now able to execute its margin/mix accretive growth strategy focused on convenience. It is on the cusp of an exciting growth phase. There is understandable near term caution but, if well executed, this plan has the scope to move the dial me ....
23 Mar 2021
Exciting growth phase on the horizon post covid
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Exciting growth phase on the horizon post covid
McColl's Retail Group Plc (MCLS:LON) | 0 0 0.0% | Mkt Cap: 2.59m
- Published:
23 Mar 2021 -
Author:
Matthew McEachran -
Pages:
3
FY20 results and current trading highlight the transitional covid lock-down effects on margin mix and costs. However, looking forward MCLS is well positioned in a growth market and, following the recent strategic agreements with its banks and Morrisons, it is now able to execute its margin/mix accretive growth strategy focused on convenience. It is on the cusp of an exciting growth phase. There is understandable near term caution but, if well executed, this plan has the scope to move the dial me ....