Kitchenware retailer ProCook Group (LON: PROC) has been hit by weak consumer demand, yet it continues to gain market share. The share price fell by 81.5% to 28p in 2022, but there are signs of improvement.
ProCook joined the premium list in the autumn of 2021. The share price range for the offer was 137p to 185p. The price was eventually set at 145p. The shares sold in the flotation all came from existing shareholders.
ProCook has been trading for more than 25 years and it sells kitchenware, including cookware, tableware and cutlery. Online sales predominate but there are also retail si...