17th Sep 2020 13:36
Safestyle UK PLC - Bradford-based retailer and manufacturer of PVCu replacement windows - First half earnings hit by Covid-19 restrictions. Revenue for six months to June 30 down 35% year-on-year to GBP42.1 million. Pretax loss widens sharply to GBP5.6 million from GBP2.5 million. Sees strong customer demand since the restart of operations with order book increasing to 82% above a year before at the end of August from 45% up at June-end. Says well positioned to navigate current market challenges.
Current stock price: 41.10 pence
Year-to-date change: down 34%
By Tapan Panchal; [email protected]
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