Consolidator continues focus on margin improvement, reduces net debt

Jelf's 3 month share price

Jelf has reported the group made a positive start to 2012 and continues to trade in line with expectations.

In a trading update released this morning, the consolidator said the group’s focus remained on margin improvement, while its net debt continued to decrease in line with management expectations.

The board said that while it remained cautious about the economic outlook, it would continue to invest in future growth and look at additional investment opportunities.

The group will announce its results for the six months to 31 March, 2012 on 8 May 2012.

Alex Alway Jelf

Online exclusive: Jelf chief executive Alex Alway talks about the state of the market and why the company isn’t making acquisitions right now

Topics