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ProCook Group Sees Profitability and Growth

ProCook Group Sees Profitability and Growth

ProCook Group PLC (GB:PROC) has released an update.

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ProCook Group PLC has reported a slight increase in its annual revenue to £62.6m, with underlying profit before tax rising to £1.0m, signaling a return to profitability and an improvement from the previous year’s loss. The company witnessed a growth in active customers, surpassing one million, and achieved a higher gross profit margin. With a robust start to the current financial year and a refreshed strategy, ProCook is poised for medium-term growth amid a challenging economic environment.

For further insights into GB:PROC stock, check out TipRanks’ Stock Analysis page.

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