PAM

Potter & Moore PLC

Personal Care, Drug and Grocery Stores First-pass screen £16m

370/1000 Overall fit

AI beneficiary 35% 30

Operating leverage 25% 45

Valuation 25% 30

Downside protection 15% 50

First-pass take

Creightons is a traditional personal care and contract manufacturing business with zero AI exposure. Gross margin improved 240bps (42.2% from 39.8%), showing cost discipline, but revenue is essentially flat (0.3% YoY) amid price/promotion pressure, value market erosion, and retail headwinds. No stock price in document; FCF after capex (£211k) is thin on a £7.1m equity base.

Flags

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