Studio’s online capabilities and digital agility have put it in good stead during times of volatility, allowing it to pull back when demand softened in early 2020 and then align itself to meet increased demand since then, in particular in response to the online shift since mid-March; YTD sales in FY21 are well ahead of prior year. FS performance has been stable thus far, albeit there is uncertainty, including in relation to IFRS9 accounting treatment of bad debt provisions. Due to CMA delays, co ....
23 Apr 2020
Positive update on Studio and net debt. Education sale delayed.
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Positive update on Studio and net debt. Education sale delayed.
- Published:
23 Apr 2020 -
Author:
Matthew McEachran -
Pages:
4
Studio’s online capabilities and digital agility have put it in good stead during times of volatility, allowing it to pull back when demand softened in early 2020 and then align itself to meet increased demand since then, in particular in response to the online shift since mid-March; YTD sales in FY21 are well ahead of prior year. FS performance has been stable thus far, albeit there is uncertainty, including in relation to IFRS9 accounting treatment of bad debt provisions. Due to CMA delays, co ....