Creightons (GB:CRL) has released an update.
Creightons PLC, a personal care and beauty product manufacturer, has announced a substantial impairment charge of £4.45m to the Emma Hardie brand value, significantly affecting its pre-tax profits. This non-cash charge is part of an annual review and will reflect in the upcoming 2024 audited preliminary results set to be released on 18 July 2024. Despite this, the company has reported improved underlying profit and cash generation in the latter half of the year.
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