Procook shares dip as kitchenware retailer posts first-half losses

Kitchenware retailer Procook says it is “confident” in delivering growth after reporting an underlying operating loss of £1.8m for the first half of the year - up from £1.5m a year earlier.

The Gloucestershire-based firm said it had “outperformed” the market over the 28 weeks ended October 13. Revenue over the period increased 7.5% to £28.3m, with underlying revenue up 4.2%.

In the first eight weeks ending December 8, including Black Friday and the early part of Christmas trading, total revenue increased by +7.5%, with like-for-like revenue up 0.9%. The