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Creightons – interims, how “confident” to be for margin and trading recovery?
Previously writing on personal care, beauty and fragrance products company Creightons (CRL), in July with the shares around 40p on the back of full-year results I concluded that with it more than half way through the current half year I suggest it means those supply chain and inflationary pressures continuing to reduce earnings and, therefore, at this juncture still just on my watchlist. Now we have the half-year results... and the shares have currently responded more than 20% further lower to around 30p.
- By Steve Moore
- 2022-12-01 13:30:54