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Parsley Box Group PLC - Edinburgh-based meal delivery - Expects revenue in the region of £22.5 million for 2022, down 12% from £25.5 million in 2021. Blames this on lower order volumes, leading to sales being 10% below expectations in the first five months of this year.
Expects an adjusted loss before interest, tax, depreciation and amortisation of £4 million, improved by 44% from £7.1 million, year-on-year. Explains that it improved gross margins and managed overheads well. Notes that it also focused on improving returns on marketing spend. Says average order values have continued to grow at a double-digit rate with good stock availability.
Current stock price: 17.02 pence, down 8.0%
12-month change: down 91%
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