Creightons (LSE:CRL) shares slipped 2.1% to 23.0p on Thursday after flagging lower full-year profit in a trading update.
The Group said the performance reflects an annualised £0.9 million hit from higher employer National Insurance Contributions and the National Living Wage (comprising £0.4 million direct costs and £0.5 million indirect costs), disruption at key retail partners, reduced demand in contract manufacturing and softer consumer demand in the fourth quarter while Private Label delivered double-digit growth across several core customers and gross profit margin was broadly flat.
"We delivered a resilient performance in what has been a challenging year for the sector," said Pippa Clark, CEO.
The Group reported a cash position of £3.6 million supported by disciplined working capital management, said it has secured a number of new business wins and undertaken a corporate rebranding, and expects to announce its full year results in early July 2026.
