"We're well positioned to manage inflationary pressures and the potential impact of an economic downturn," chief executive
In the six months ended 30 June,
The company also swung into the black with a £15.8m profit following a difficult first half of 2021, which saw the group post a £24m operation loss after tax.
The company also shrank its underlying operating losses to £12.8m, a 35.7 per cent improvement on last year's levels.
Garat added that the firm maintained its previous guidance for an underlying operating margin of around seven per cent.
(c) 2022 City A.M., source