FTSE AIM: Buy this grocery and catering distributor as sales surge

Management succession can be a concern for a company, particularly an AIM-quoted company where the founder is set to retire. This is something that needs to be carefully planned. One AIM company has already flagged the change in chief executive and trading remains strong. The prospective multiple is less than nine and the forecast 2023-24 yield is 4.8%.

There will be a continuity of management with the replacement having been with the company for more than one decade. The food supplier has a...

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