29th Apr 2022 15:02
Leeds Group PLC - Wetherby, England-based textile manufacturing company - Says the pandemic has continued to hurt trading in the second half of the year, despite the easing of restrictions. Says consumer confidence was hurt further by the recent conflict in Ukraine and its impact on domestic expenditures. Notes that it has taken steps to reduce costs to reflect reduced activity levels and says that these efforts will continue. Says it is currently undertaking an operational review of both its businesses to assess what further actions need to be taken to return to profit. Read More
