Walker Crips (GB:WCW) has released an update.
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Walker Crips Group plc reported a challenging fiscal year ending March 31, 2024, with operating profit plummeting by 89.9% to £63,000 and profit before tax down by 38.8% to £387,000. Revenue remained steady, but Assets Under Management saw a 13.5% decrease, and the company continues to invest in compliance and growth initiatives including recruiting a new Chief Risk and Compliance Officer. Despite these hurdles, the Group maintains a dividend of 0.50 pence per share and is developing a strategic plan to enhance client service and attract new business.
For further insights into GB:WCW stock, check out TipRanks’ Stock Analysis page.