Safestyle suffers ‘severest contraction’ of the market

Window and door manufacturer Safestyle has seen profits before tax drop to from £9.5m to £8.8m because of the "severest contraction" in the market in nearly a decade.

The Bradford-based company reported its interim results to June 30, in which CEO Steve Birmingham said: "The first half of 2017 was an increasingly challenging market however Safestyle increased revenue and market share albeit at a higher cost than historically. As a result, we have experienced a decline in profits in what was the seve... 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...