(Correcting company description)
Pebble Group PLC - Manchester, England-based provider of products and services to the global promotional products industry - In the first half of 2023, pretax profit grows 11% to £3.1 million from £2.8 million a year prior. Revenue climbs 5.0% to £63.3 million from £60.3 million. Says board does not consider introduction of a dividend necessary at this time. Looking ahead, CEO Christopher Lee says: ‘We are continuing to deliver on our stated strategies for Facilisgroup and Brand Addition. Both businesses have strong and differentiated market positions and we look forward to [financial] 2023 when results are expected to be in line with market expectations.’
Current stock price: 90.75 pence, up 3.1%
12-month change: down 10%
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