Business
2022 Interim Results
2022 Interim Results.
About this update from Luceco Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 6 September 2022\n \n \n \n \n \n \n \n \n \n LUCECO PLC\n \n \n \n \n 2022 INTERIM RESULTS\n \n \n \n \n \n \n \n \n \n Business model driving long term performance improvement\n \n \n \n \n \n \n Luceco plc (\"Luceco\", or the \"Group\" or the \"Company\"), the supplier of wiring accessories, EV chargers, LED lighting, and portable power products, today announces its unaudited results for the six months ended 30 June 2022 (\"H1 2022\" or \"the period\").\n \n \n \n \n \n \n \n \n \n \n Six months ended\n \n \n \n \n 30 June (£m)\n \n \n \n \n \n \n Reported results\n \n \n \n \n \n \n Adjusted1 results\n \n \n \n \n \n \n \n \n 2022\n \n \n \n \n \n \n 2021\n \n \n \n \n \n \n 20193\n \n \n \n \n \n \n Change vs 2019\n \n \n \n \n (%)\n \n \n \n \n \n \n 2022\n \n \n \n \n \n \n 2021\n \n \n \n \n \n \n 20193\n \n \n \n \n \n \n Change vs 2019\n \n \n \n \n (%)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Revenue\n \n \n \n \n 106.4\n \n \n \n \n 108.2\n \n \n \n \n 82.7\n \n \n \n \n 28.7%\n \n \n \n \n 106.4\n \n \n \n \n 108.2\n \n \n \n \n 82.7\n \n \n \n \n 28.7%\n \n \n \n \n \n \n Gross margin %\n \n \n \n \n 34.7%\n \n \n \n \n 38.5%\n \n \n \n \n 35.0%\n \n \n \n \n (0.3ppts)\n \n \n \n \n 34.0%\n \n \n \n \n 38.5%\n \n \n \n \n 35.0%\n \n \n \n \n (1.0ppts)\n \n \n \n \n \n \n Operating profit\n \n \n \n \n 10.0\n \n \n \n \n 19.0\n \n \n \n \n 7.0\n \n \n \n \n 42.9%\n \n \n \n \n 11.5\n \n \n \n \n 19.2\n \n \n \n \n 7.2\n \n \n \n \n 59.7%\n \n \n \n \n \n \n Operating margin %\n \n \n \n \n 9.4%\n \n \n \n \n 17.6%\n \n \n \n \n 8.5%\n \n \n \n \n 0.9ppts\n \n \n \n \n 10.8%\n \n \n \n \n 17.7%\n \n \n \n \n 8.7%\n \n \n \n \n 2.1ppts\n \n \n \n \n \n \n Profit before tax\n \n \n \n \n 4.6\n \n \n \n \n 16.6\n \n \n \n \n 5.3\n \n \n \n \n (13.2%)\n \n \n \n \n 10.5\n \n \n \n \n 18.5\n \n \n \n \n 6.1\n \n \n \n \n 72.1%\n \n \n \n \n \n \n Profit after tax\n \n \n \n \n 4.2\n \n \n \n \n 13.4\n \n \n \n \n 4.1\n \n \n \n \n 2.4%\n \n \n \n \n 9.0\n \n \n \n \n 15.0\n \n \n \n \n 4.9\n \n \n \n \n 83.7%\n \n \...