FY19 results are in line with the detailed guidance provided at the time of pre close trading update in late January. Revenue of £126.2m was 8.4% ahead yoy highlighting the progress the business has made in recovering from the issues it experienced in FY18. A return to profitability was achieved in the middle of the year on the back of a much-improved performance in revenue and margin, gross margin increasing 240bps yoy. This signalled the end of stage two of the recovery process set out by the ....
19 Mar 2020
Safestyle UK Plc (SFE LN) - FY19 performance reflects the progress in the turnaround and FY20 had started well
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Safestyle UK Plc (SFE LN) - FY19 performance reflects the progress in the turnaround and FY20 had started well
- Published:
19 Mar 2020 -
Author:
Andy Hanson -
Pages:
9
FY19 results are in line with the detailed guidance provided at the time of pre close trading update in late January. Revenue of £126.2m was 8.4% ahead yoy highlighting the progress the business has made in recovering from the issues it experienced in FY18. A return to profitability was achieved in the middle of the year on the back of a much-improved performance in revenue and margin, gross margin increasing 240bps yoy. This signalled the end of stage two of the recovery process set out by the ....