Huddled Group (GB:HUD) has released an update.
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Huddled Group PLC, a circular economy e-commerce company, reports significant growth with a 123.4% revenue increase in H1 2024 to £5,274,000 and strong customer base growth, including 44.5k new customers. The company’s strategic acquisitions of Food Circle Supermarket (now Nutricircle) and Boop Beauty, alongside investments in marketing and operations, have poised it for further expansion and operational efficiency. With a focus on sustainable practices, Huddled Group is optimistically entering H2, aiming for profitability and operational synergies across its e-commerce portfolio.
For further insights into GB:HUD stock, check out TipRanks’ Stock Analysis page.
