Owned Brands performed strongly in FY18, surpassing original expectations through the pace of new launches, gross margin gains and scale economies. Evolution of the strategy to further accelerate growth will be well received. As stated in July, Brands growth was offset by challenges in Manufacturing, due to delays on-boarding 3 large new customers (timing) and margin erosion from industry wide raw material inflation, the magnitude and speed of which was underestimated. These issues are being add ....
25 Sep 2018
Strategy clearly delivering – focus on accelerating
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Strategy clearly delivering – focus on accelerating
Brand Architekts Group plc (BAR:LON) | 24.5 0.1 2.1% | Mkt Cap: 6.85m
- Published:
25 Sep 2018 -
Author:
Matthew McEachran -
Pages:
3
Owned Brands performed strongly in FY18, surpassing original expectations through the pace of new launches, gross margin gains and scale economies. Evolution of the strategy to further accelerate growth will be well received. As stated in July, Brands growth was offset by challenges in Manufacturing, due to delays on-boarding 3 large new customers (timing) and margin erosion from industry wide raw material inflation, the magnitude and speed of which was underestimated. These issues are being add ....