Joules H1 revenues slide; CFO Marc Dench decides to step down

Joules Group revenue decreased by 15.3 percent due to enforced closure of non-essential retail with the company-owned stores closed for 10 of the 26 weeks to November 29, 2020. The company said PBT of 3.7 million pounds was ahead of expectations, while statutory PBT after exceptional costs of 2.4 million pounds, was down by 0.4 million pounds at 1.3 million pounds. The company also announced that Marc Dench, Chief Financial Officer, has decided to leave the company in the coming months, to take up a role in a different sector.