Safestyle has announced results for the year ended 31 December 2018. Performance for the year is broadly in line with our forecasts with a better than expected year-end net cash position of £0.3m thanks to working capital management. Safestyle’s year has been dominated by the actions of an aggressive competitor that significantly impacted operations, resulting in a material fall in sales and profitability. The successful legal resolution of this action means the Group ended the ye
21 Mar 2019
Full Year Results
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Full Year Results
- Published:
21 Mar 2019 -
Author:
Andy Hanson -
Pages:
11
Safestyle has announced results for the year ended 31 December 2018. Performance for the year is broadly in line with our forecasts with a better than expected year-end net cash position of £0.3m thanks to working capital management. Safestyle’s year has been dominated by the actions of an aggressive competitor that significantly impacted operations, resulting in a material fall in sales and profitability. The successful legal resolution of this action means the Group ended the ye