Palmer & Harvey Looking More Secure
Two pieces of good news for Palmer & Harvey (P&H). A recently announced new three-year supply deal with Tesco should settle nerves and secure the medium term future for P&H. Plus the news that major tobacco suppliers have invested in P&H to bolster its finances. The big question is why is this necessary? Hopefully P&H's operatiing profits are sustainable and robust. Given that P&H delivers to over 90,000 stores across the UK, the industry and the independent retailer community needs a strong P&H.
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