While today’s update is a reminder of both the sector headwinds, and mistakes made, in FY24 the corrective actions that have been taken should reassure alongside a range of self-help initiatives implemented ahead of peak. FY guidance has been reiterated and, while consumer spending remains fragile with uncertainty created ahead of the Budget, key pressures are abating and upcoming comps are soft. Proving these strategic initiatives can deliver growth and uplifts in profitability is key to unlock ....

01 Oct 2024
Encouraging signs from FY24 results update

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Encouraging signs from FY24 results update
TheWorks.co.uk plc (WRKS:LON) | 38.3 0 0.0% | Mkt Cap: 23.9m
- Published:
01 Oct 2024 -
Author:
Matthew McEachran -
Pages:
3 -
While today’s update is a reminder of both the sector headwinds, and mistakes made, in FY24 the corrective actions that have been taken should reassure alongside a range of self-help initiatives implemented ahead of peak. FY guidance has been reiterated and, while consumer spending remains fragile with uncertainty created ahead of the Budget, key pressures are abating and upcoming comps are soft. Proving these strategic initiatives can deliver growth and uplifts in profitability is key to unlock ....