The group has announced its trading update for the year ending 31 March. Trading for the year has been in line with expectations, with challenges seen in its supply chain and input price inflation. Management actions have largely mitigated these effects, with a new round of price increases expected to recoup recent input price increases. YE net debt at £25.0m is higher than expected due to further investment in stock and working capital, and to extended lead times etc. Despite the higher debt, a ....
