The pandemic concluded a disappointing year for Brand Architekts. However, trading in Q4 was slightly better than management had anticipated/highlighted in April and, at £18.0m, the net cash position has marginally improved since that time too. Online performance, including DTC, was especially strong. Given ongoing potential and richer margins from DTC development, this is encouraging. Crucially, the new and experienced leadership team is in place and, given clarity of direction, the bo
14 Jul 2020
New executive team in place, board confident in long term prospects
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New executive team in place, board confident in long term prospects
Brand Architekts Group plc (BAR:LON) | 28.0 0.4 5.7% | Mkt Cap: 7.82m
- Published:
14 Jul 2020 -
Author:
Matthew McEachran -
Pages:
4
The pandemic concluded a disappointing year for Brand Architekts. However, trading in Q4 was slightly better than management had anticipated/highlighted in April and, at £18.0m, the net cash position has marginally improved since that time too. Online performance, including DTC, was especially strong. Given ongoing potential and richer margins from DTC development, this is encouraging. Crucially, the new and experienced leadership team is in place and, given clarity of direction, the bo