Adjusted EBITDA excluding inventory liquidation rose 35% in constant currency to £7.6m, exceeding guidance, while revenue declined 20% to £199.1m due to a strategic focus on profitability and higher-value customers. Net cash increased to £33.4m after £6m in share buybacks, and FY27 guidance anticip…
Adjusted EBITDA excluding inventory liquidation rose 35% in constant currency to £7.6m, exceeding guidance, while revenue declined 20% to £199.1m due to a strategic focus on profitability and higher-value customers. Net cash increased to £33.4m after £6m in share buybacks, and FY27 guidance anticipates continued EBITDA growth and strong cash generation.
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