Print and website firm set to repeat losses of nearly £1m
Manchester-based print and website design firm Grafenia says it is set to repeat last year’s pre-tax losses of nearly £1m.
This is despite a projected near 40% increase in revenue to £15m for the year ending March 31, 2018.
The company said trading had been “mixed”, as it continues to experience “headwinds with transactional print”.
Its volume and margins in its trade divisions were below budget in December and January and are sharply down for February.
“While there is oversupply and discounting in the market i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...