The AGM statement indicates that Safestyle will restart operations during the remainder of May. In the first instance, this will involve manufacturing and surveying with installations and selling following. This announcement is welcome and shows the beginning of a return to normalcy and is in line with the actions of other building product companies. Post the placing at the end of April, the balance sheet has good levels of liquidity with excess of £12.0m. This could fund the business well into ....
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Safestyle UK plc (SFE LN) - Recommencement of operations
- Published:
14 May 2020 -
Author:
Andy Hanson -
Pages:
3
The AGM statement indicates that Safestyle will restart operations during the remainder of May. In the first instance, this will involve manufacturing and surveying with installations and selling following. This announcement is welcome and shows the beginning of a return to normalcy and is in line with the actions of other building product companies. Post the placing at the end of April, the balance sheet has good levels of liquidity with excess of £12.0m. This could fund the business well into ....