Brand Architekts – results emphasise “transition of the business strategy to focus on profitability”, but how difficult is it to deliver?
Previously writing on beauty and personal care products group Brand Architekts (BAR), in July with the shares at around 50p I concluded that there was still a noted c£11.3 million net cash position but, with the cash backing falling and integration and further external environment challenges looking ahead, I stayed on the sidelines. The shares last closed at 31.5p, and are currently further lower on the back of full-year results.
- By Steve Moore
- 2022-11-08 11:58:32