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Mar 3 2026, 07:55 GMT
Current trading in early 2026 has been soft, with like-for-like (LFL) growth +1.6% (Visible Alpha H1-26: +2.5%). At this early stage, management has maintained its guidance for FY26 and continues to expect profit before tax (PBT) to be ‘broadly in line’ with FY25, with phasing of profitability first half-weighted. At first look, we envisage limited changes to our forecasts.
Mar 3 2026, 07:55 GMT