Safestyle plummets £5.7m into the red as pre-tax figures drop 164%
Bradford-headquartered Safestyle has reported a severe 164% drop in pre-tax reporting figures for the first half of the year, reporting pre-tax losses of £5.7m losses during the period - down from £8.8m in pre-tax profits in the same period last year.
For the six months ending 30 June, the listed window retailer and manufacturer saw revenue fall to £60.5m, compared to the £82.5m achieved during the same period last year.
In the six month period, Safestyle experienced a 30.5% decline in the volume of orders from 31,258 t... 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...