Brief: Safestyle UK Says Cost Pressures Up In Q1 Across Raw Materials, Fuel And Labour

Safestyle UK

21/04/2022 07:48

April 21 (Reuters) - Safestyle UK PLC  SFES.L :
    * FY REVENUE ROSE 26.6 PERCENT TO 143.3 MILLION STG
    * FY DILUTED EARNINGS PER SHARE 3.4 PENCE VERSUS 4.3 PENCE
LOSS
YEAR AGO
    * FY BASIC EARNINGS PER SHARE 3.5 PENCE VERSUS 4.3 PENCE
LOSS YEAR
AGO
    * SAFESTYLE UK - GROUP TO CONTINUE TO PROACTIVELY MANAGE
COST-INFLATION, WE EXPECT CONSUMER CONFIDENCE TO BE IMPACTED BY
ONGOING COST-OF-LIVING CRISIS
    * FY GROUP'S UNDERLYING PROFIT BEFORE TAXATION OF £7.6M
REPRESENTS
FIRST RETURN TO FULL YEAR PROFITABILITY SINCE 2017
    * COST PRESSURES HAVE ESCALATED IN Q1 ACROSS RAW MATERIALS,
FUEL
AND LABOUR
    * BOARD EXPECTS PERFORMANCE FOR 2022 TO BE IN LINE WITH
CURRENT
EXPECTATIONS WITH

Source text for Eikon:  ID:nRSU8204Ia 
Further company coverage:  SFES.L 

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