Cambria successfully delivered on its brand portfolio and property strategies in H1 to February and PBT increased by 14.3% to £6.1m, beating our expectations by 8% (£0.5m). Gross profit rose in all 3 segments and cost control was better than forecast. Although it temporarily closed its retail sites 3 weeks into H2, some aftersales/warranty work is being done for essential workers using enhanced safety protocols. Through management’s response to the crisis, access to governme
06 May 2020
Strong H1 and confidence in liquidity to manage through crisis
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Strong H1 and confidence in liquidity to manage through crisis
- Published:
06 May 2020 -
Author:
Matthew McEachran -
Pages:
4
Cambria successfully delivered on its brand portfolio and property strategies in H1 to February and PBT increased by 14.3% to £6.1m, beating our expectations by 8% (£0.5m). Gross profit rose in all 3 segments and cost control was better than forecast. Although it temporarily closed its retail sites 3 weeks into H2, some aftersales/warranty work is being done for essential workers using enhanced safety protocols. Through management’s response to the crisis, access to governme