Huddled Group (GB:HUD) has released an update.
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Huddled Group PLC, a circular economy e-commerce business, has reported a strong Q2 2024 with revenue reaching £3.1m, marking a 46% increase from Q1. The company has successfully expanded its warehouse capacity, which will enable further cost savings and efficiency across its brands, including Food Circle Supermarket and Boop Beauty. Additionally, the company’s Discount Dragon platform has shown impressive growth, with Q2 revenue up nearly 30% and a significant rise in new customers.
For further insights into GB:HUD stock, check out TipRanks’ Stock Analysis page.
