Don’t rush into a DIY investment
Earnings steepled dramatically at Cashbuild and Italtile thanks to Covid but have since crumbled, and prospects remain uncertain
30 May 2024 - 08:00
It’s a difficult time in the home improvement sector. Many investors have picked up splinters as the post-pandemic boom rapidly fell to a bust and share prices followed declining earnings.
After surging in lockdown, spending on home improvements and related construction products fell off a cliff as a worsening domestic landscape and rising interest rates took their toll on consumers’ finances and sector spending...
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