The UK’s leading consolidator has reported strong H2 trading, including 21% sales growth in stores (+11% LFL). This has delivered significant share gains and a 6% PBT upgrade. This reflects cumulative strategic & operational improvements including work on 3rd party ranging and availability, strengthening its own brand offer, growing its MyAD loyalty club, and investing in faster store expansion. It has also completed £0.7m (of £4m) buybacks. This progress is not being priced in, with the stock t ....
