Lords Group Trading PLC (GB:LORD) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Lords Group Trading PLC reports a decrease in revenue to £214.2 million and a 16.6% drop in adjusted EBITDA due to challenging economic conditions and market disruptions in the plumbing and heating sector. Despite these challenges, the company has taken decisive cost management actions, expecting to save £2.6 million annually from FY 2025, and remains committed to growth through customer service excellence and strategic acquisitions.
For further insights into GB:LORD stock, check out TipRanks’ Stock Analysis page.