Knights has failed to build on its encouraging H1 results, today (12 July) unveiling a sedate 2% organic growth in revenues and a 2% dip in underlying profit before tax (PBT).
Factoring in the firm’s buyouts of regional firms Langleys, Mundays and Keebles throughout the year, overall turnover jumped 22% from £103.2m to £125.6m. In a statement, Knights attributed the stuttering organic growth to being ‘held back by Omicron in the typically important fourth quarter’.
