Lighting group warns of Brexit headaches despite smashing £100m revenue ceiling
Lighting group FW Thorpe has announced strong full year results, breaking through the £100m revenue ceiling for the first time.
However, the Redditch-based manufacturer has already warned shareholders that the success of 2016/17 will be tough to replicate.
In the full year to June 30, 2017, group revenue reached £105.4m (2016: £88.9m), an increase of 18.6%. Pre-tax profit rose 12.8% to £18.4m (2016: £16.3m), a rise of 13.8%. Basic earnings per share rose 11.6% to 12.54p (2016: 11.24p).
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