Keep the faith in premium, despite Revolution warning

Keep the faith in premium, despite Revolution warning

Revolution Bars (RBG) was forced last week to concede to a plethora of cost headwinds. These included the living wage, the double increase this year to the minimum wage, the new apprenticeship levy, along with an above-inflation increase to business rates. Shares in Revolution plummeted 40 per cent after the group issued a profit warning that admitted these costs would take more of a toll on the business than was originally forecast and would result in cash profits flat on last year. The shares have yet to recover.

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