Luceco PLC (LSE:LUCE) shares fell in early trades on Tuesday following the electronics supplier’s third-quarter trading update.
Trading was in line with expectations, with adjusted operating margins increasing from 10.7% in the first half to just shy of 12%.
Full-year guidance was unchanged, though the group did note “some impact of reduced demand in certain of our end markets as the UK consumer continues to experience economic headwinds”.
Shares were trading 4.3% lower at 104.3p at the time of writing.