The Convenience Shop (Holding) plc - Interim Results

On 29 August 2025, The Convenience Shop (Holding) plc published its interim financial statements covering the six-month period ended 30 June 2025.

Revenue surged by 13% to €24.7 million (H1 2024: €21.8 million) driven by the contributions of newly acquired outlets.

Operating costs increased by 16.1% to €24.2 million compared to €20.8 million in the corresponding period last year.  Consequently, the company’s operating profit fell by 43% to €0.56 million from €0.98 million in the corresponding period in 2024.

After accounting for other income of €0.38 million, net finance costs of €0.52 million and a tax charge of €0.11 million, the company reported a net profit for the period attributable to shareholders of €0.31 million, which is 41% lower than the €0.53 million figure recorded in the previous comparable period.

The Condensed Statement of Financial Position as at 30 June 2025, when compared to the corresponding figures as at the end of 2024, shows that total assets increased by 19% (or €7.5 million) to €46.2 million. On the other hand, total liabilities increased by 23% (or €6.7 million) to €36.2 million. Total equity expanded by 9% (or €0.8 million) to €10.0 million.

Dividend

The Directors declared an unchanged net interim dividend of €0.01 per share, which translates into a payout ratio of 98% (H1 2024: 58%). The dividend will be paid on Tuesday 30 September 2025 to all shareholders as at the close of trading on Thursday 28 August 2025.

Outlook

In their commentary, the Directors explained that in the second half of the year, the Group is expected to increase market penetration, particularly in underserved areas, driven by the increasing number of stores to over 100.