Delightful results | What’s in the NAV? | Impressive growth
News covered in our free update here include results from a popular AIM quoted self-storage group, whose financial statements take a bit of understanding. There was also an encouraging update from an eyewear manufacturer, which lifted the shares and an impressive update from a specialist component supplier. Read on here for this and other news. (Free to read)
INSPECS: improving
Global eyewear and lens manufacturer INSPECS (AIM:SPEC) delivered a “solid trading performance” in the 9 months to 30 September 2023, in line with expectations.
Revenue rose 4.6% to £159.1m and was 2.4% higher on a constant currency basis.
Cash flow continues to improve with net debt falling by £6.4m to £21.2m (31 December 2022: £27.6m) despite investing £0.8m in the construction of the new manufacturing facility in Vietnam.…
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