A weaker H2 highlights the challenging backdrop, with FY’22 losses c£0.5m higher than we forecast at the start of the 2022. Including the consideration for acquiring Innovaderma (Skinny Tan), net cash remains strong at £11.3m though, and BAR is targeting significant cost/revenue synergies within the 1st year while also implementing clear plans to accelerate growth across the portfolio. The enlarged group is now better armed to navigate this backdrop albeit, pending new guidance, our forecasts an ....
21 Jul 2022
Soft Y/E TU but market already valuing assets at nil
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Soft Y/E TU but market already valuing assets at nil
Brand Architekts Group plc (BAR:LON) | 28.5 0.6 8.0% | Mkt Cap: 7.96m
- Published:
21 Jul 2022 -
Author:
Matthew McEachran -
Pages:
3
A weaker H2 highlights the challenging backdrop, with FY’22 losses c£0.5m higher than we forecast at the start of the 2022. Including the consideration for acquiring Innovaderma (Skinny Tan), net cash remains strong at £11.3m though, and BAR is targeting significant cost/revenue synergies within the 1st year while also implementing clear plans to accelerate growth across the portfolio. The enlarged group is now better armed to navigate this backdrop albeit, pending new guidance, our forecasts an ....