RBG Holdings Plc (GB:RBGP) has released an update.
RBG Holdings Plc reports a pre-close trading performance aligned with management expectations, despite a quieter May and June attributed to factors like the General Election. The company, which experienced a slight dip in revenue for the first half of the year, anticipates a stronger second half and is actively pursuing cost-saving measures with expected annual savings of £3 million. RBG Holdings remains focused on reducing debt and is trading within its debt covenants, with a net debt position of £24.4 million as of 30 June 2024.
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