MBH targets return to net cash next year after margin gains
MBH said revenue fell 9.5% year-over-year, outperforming a 25% sector decline, while margins improved. Net debt is £5 million, with return to net cash targeted next year amid challenging markets.
Revenue fell 9.5% year-over-year, outperforming a 25% sector decline, with margin improvements from cost control and premium product focus.
Net debt stands at £5 million, with a return to net cash targeted next year.
Market remains challenging, but strong customer relationships and operational flex…