Sparks commentary - The Pebble Group

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Sparks - The Pebble Group

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Pebble Group (LSE:PEBB) H124 results
Published by Fiona Orford-Williams
The Pebble Group operates in the $50bn global promotional products market, which is primarily driven by levels of business confidence. Its H124 revenue performance reflects that backdrop, with improving margins leading to higher profitability and showing the benefits of management actions. Facilisgroup, which provides SaaS products and services to distributors in North America, now has a full product suite in place and is increasingly focused on sales and delivery. Brand Addition works with major global brands on their own promotional product needs and while tech client confidence is coming back, consumer brands are still reluctant to spend. The group is highly cash generative, is part-way through a share buyback and is well funded to support stronger trading.

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