Safestyle shares remain low as manufacturer confirms 28% drop in pre-tax profits

Bradford-based Safestyle has this morning published its annual results for 2017, which show the manufacturer suffered a 28% drop in pre-tax profits during 2017.

Today's publication of its full-year results to December 31 2017 comes after a series of profit warnings and severe drops in the firm's share price, which dipped to an all time low of 89p on Friday; the lowest value since it floated in 2013 and down from a share price of 168p in January 2017. Shares opened at 91p this morning.

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