The Works anticipates return to growth as it reports flat sales and revenue

The Works

The Works has said it expects to see a “return to profit growth” in the next financial year as it records flat revenue and sales.

The variety retailer posted a slight growth in revenue of 0.9% and a slight like-for-like sales decline of 0.9% in the 53 weeks to May 5.

The group announced it would focus on “stabilising profitability” which included moving The Works from its main market listing to AIM.

 

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