Debt ManagementNet debt and leverage metrics have improved slightly and are projected to decrease further, with the company aiming for a leverage target of around 1.5x.
Financial PerformanceKelo-Cote franchise revenues showed impressive growth, increasing by 14.2% to £29.2 million, significantly outpacing the market growth in China.
Revenue GrowthThe company's 1H24 results align with previous updates, showcasing a revenue increase of 2.9% and a constant exchange rate growth of 5.0%.