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Trading Update

In brief · summary, not quotable

Fit Out division accelerating; group expects full year results slightly ahead of market consensus.

vs expectations: ahead

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Since the Group announced full year results on 26th February 2025, the Fit Out division has experienced an acceleration in its trading momentum and is now expected to exceed both the Group's previous expectations and the top-end of its revised Medium Term Targets (of £60-£85 million). Elsewhere, all other divisions are broadly on track to perform in line with the Group's previous guidance and expectations.

As a result, the Group now anticipates that its full year results for 2025 will be slightly ahead of market consensus1.

The Group will provide its next scheduled trading update on 1st May 2025.

1 Market consensus as at 24th March 2025 is based on an adjusted Profit Before Tax of £178.0m.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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