CMO Group, the construction materials specialist has confirmed revenues of £36.8m for the first six months to 30 June 2023 which was down by £41.8m for the same half last year. Pre-tax losses totalled £628,000 as against the £236,00o pre-tax profit logged over the same period.
The business, which sells online as well as via its own superstores, is headquartered in Plymouth and remains confident. Dean Murray, CEO, said: “In the midst of difficulty lies opportunity and we have embraced our opportunity wholeheartedly, improving margins, reducing costs and working towards the next organic vertical launch.
“Consequently, we are a better business and in good shape to go forward.”
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