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Birmingham Post
Birmingham Post
Business
Andrew Arthur

EXPLAINED: Procook reports trading momentum after challenging summer - The Real Truth

Bosses at kitchenware brand ProCook have reported renewed trading momentum after a “challenging” summer.

The Gloucestershire firm, which listed on the London Stock Exchange last year, said it generated £15.9m in revenue in the second quarter - a 9% dip on the same period last year, but up more than 50% year-on-year on pre-pandemic levels.

The family-run retailer, which sells its products through its website and a portfolio of more than 50 UK stores, said this meant revenue for the first half of the current financial year stood at £27.4m. This is down around 15% on last year but up 45% year-on-year on the same period, prior to the first Covid-19 lockdown, in the company’s financial year for 2020.

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