Home safety products firm predicts return to profit

Graham Whitworth, executive chairman of Sprue Aegis
Home safety products supplier Sprue has said it anticipates a return to first half profitability after seeing an improvement in sales during the first six months of its year. In a first half trading update, the Coventry company said it expected to report sales of approximately £26m (H1 2016: £25.9m) and operating profit of approximately £1.5m (H1 2016: operating loss of £0.9m before share-based payments charge) – although this is before a share-based payments charge of £0.2m (H1 2016: £0.3m). “The strong return to prof... 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...
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