Pittards is a specialist producer of technically advanced leather and luxury goods for retailers, manufacturers and distributors. The Group has this morning released interim results to 30 June 2020, which illustrate the considerable impact the Covid-19 pandemic has had on trading in the first six months, with revenue in the period down 45%. However, actions taken to reduce the cost base whilst building revenue in the new target market segments, alongside an improvement in demand in core segments ....
30 Sep 2020
WHI Morning Comment: Pittards (PTD) - Interim results – a challenging period but with signs of optimism
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WHI Morning Comment: Pittards (PTD) - Interim results – a challenging period but with signs of optimism
- Published:
30 Sep 2020 -
Author:
John Cummins -
Pages:
4
Pittards is a specialist producer of technically advanced leather and luxury goods for retailers, manufacturers and distributors. The Group has this morning released interim results to 30 June 2020, which illustrate the considerable impact the Covid-19 pandemic has had on trading in the first six months, with revenue in the period down 45%. However, actions taken to reduce the cost base whilst building revenue in the new target market segments, alongside an improvement in demand in core segments ....