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Lords Group Trading Weathers Market Challenges

Lords Group Trading Weathers Market Challenges

Lords Group Trading PLC (GB:LORD) has released an update.

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.

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