Online revenue grows as Best of the Best looks to leave face-to-face retail sales behind
Weekly competition organiser Best of the Best (BOTB) informed investors on Wednesday that the group had seen "solid" trading across the six months leading to 31 October.
Best of the Best
530.00p
16:55 23/08/23
0.00%
0.00p
FTSE AIM All-Share
745.67
17:08 19/04/24
n/a
n/a
Travel & Leisure
7,521.61
17:10 19/04/24
0.12%
8.88
BOTB, which was mainly focussed on online competitions to win luxury cars, said revenues and pre-tax profits had grown in line with management expectations, with revenues attributable to online sales growing "in accordance with the company's stated strategy" that would see it move away from its reliance on face-to-face retail sales.
The group was expected to release its fully audited results of its first half of trading on 31 January 2018.
As of 1140 GMT, shares had gained 1.82% to 280.00p.