Our key takeaway from these results for the half year to 30th September is that the first, and hardest, stage of the 2018 restructuring is now largely complete – to wit, the business has been strengthened and made scalable, evidenced by a lack of exceptional items in the P&L this half. As previously reported, the hamper business has been closed, the proportion of digital vouchers in the mix has grown from 7.3% to 23.8% (boosted by shifting demand patterns during the pandemic). The cost base ha ....
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Appreciate Group - HY22 Results Update
- Published:
30 Nov 2021 -
Author:
Oliver Juggins -
Pages:
7
Our key takeaway from these results for the half year to 30th September is that the first, and hardest, stage of the 2018 restructuring is now largely complete – to wit, the business has been strengthened and made scalable, evidenced by a lack of exceptional items in the P&L this half. As previously reported, the hamper business has been closed, the proportion of digital vouchers in the mix has grown from 7.3% to 23.8% (boosted by shifting demand patterns during the pandemic). The cost base ha ....