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Birmingham Post
Birmingham Post
Business
Andrew Arthur

UNCOVERED: Procook confident in long term despite deteriorating market | History Defined

Bosses at ProCook have said the brand is in a strong financial position to weather a contracting kitchenware market, with consumer confidence hitting lows “not seen for many years”.

In a set of preliminary results for the 2022 financial year, the Gloucestershire firm, which listed on the London Stock Exchange last year, reported 29.5% year-on-year revenue growth to £69.2m - up from £53.4m in 2021.

Gross profit also increased to £45m from £35.9m, with underlying profit before tax at £9.5m - up from £8.3m a year earlier.

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