Strong Financial Position
The company ended the year with over GBP 30 million in net cash, which is GBP 10 million more than last year, and profitability is in line with guidance.
Centralization and Strategy Realignment
Centralized key functions across markets to move faster with clear accountability and sharper focus. Invested in under-resourced areas critical to delivering the new strategy.
Cash and Inventory Management
Delivered GBP 36 million reduction in inventory in FY '25 and reiterated the target of releasing GBP 40 million cash from excess inventory over the medium term.
Cost Savings Achieved
Achieved GBP 15 million savings target for FY '26, including GBP 7 million in marketing savings and GBP 3 million in warehousing and logistics costs.
Share Buyback Initiated
Commenced a GBP 2 million share buyback as part of an ongoing regular distribution policy.