Perason announced preliminary results for their full year 2025, further to the brief trading update they released in January. Actual topline sales for the year were barely about flat at £3.577 billion, only £25 million higher than a year ago, though the company reports “underlying” sales growth of 4 percent. Sales suffered due to currency exchange. Statutory operating profit of £507 million was down £34 million, but they take heart that adjusted operating profit rose 6 percent to £614 million, due to the growth and sales and cost savings, “partially offset by investment and inflation.” Profits fell due in part […]