Results are in line with the guidance provided in the year end trading update (2nd Feb) with revenue of £154.3m (+7.7% yoy) and an underlying loss before tax of £4.4m. With it firmly in the rear-view mirror, FY22 was somewhat of an annus horribilis for Safestyle. FY23 will see an improvement back to profitability but with pressure on consumer’s discretionary spending, higher interest cost, overall slower economic growth, and continued investment into the business, FY23 profitability is expected ....
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Safestyle (SFE LN) - FY22 Results
- Published:
23 Mar 2023 -
Author:
Andy Hanson -
Pages:
13
Results are in line with the guidance provided in the year end trading update (2nd Feb) with revenue of £154.3m (+7.7% yoy) and an underlying loss before tax of £4.4m. With it firmly in the rear-view mirror, FY22 was somewhat of an annus horribilis for Safestyle. FY23 will see an improvement back to profitability but with pressure on consumer’s discretionary spending, higher interest cost, overall slower economic growth, and continued investment into the business, FY23 profitability is expected ....