Huddled Group PLC - investor in e-commerce brands - Expects to report first half revenue of not less than £5.2 million. Trading in the second quarter saw solid progress delivering £3.1 million of revenue, up around 46% from the first quarter. ‘We are excited as to the growth potential of group and believe our model and strategy will, in time, create a sizeable and profitable business. We believe we have demonstrated there is demand for big brand products at value, along with a growing recognition of the environmental impact of surplus consumer goods going to waste. With our broad offering of products, we can see the uptake to purchase is not only reassuring but also recurring due to the nature of our consumable product mix,’ Huddled says.

Current stock price: 3.00 pence

12-month change: up 9.3%

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