Home safety firm confident of return to profit
Home safety products supplier Sprue cheered shareholders with an announcement that the group is set to return to profit in the first half of the year.
The Coventry-based firm, one of Europe's leading developers and suppliers of home safety products such as fire alarms, endured a torrid first half to 2016 after a fall in sales primarily due to reduced demand in France (post- implementation of new smoke alarm legislation in 2015) and delays in product certification in Germany.
It had already been trying to recover from setback wit... 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...
