27 November 2024 - trading statement
The manufacturer and supplier of kettle safety controls and similar products has issued a profit warning due to a continuation of the disappointing trading reported in its interim results. Trading in the third quarter of the year had been disappointing and this trend has continued in the final quarter of the year especially in regulated markets. At the recent Canton Trade Fair, it became apparent that the improvement in trading seen in the first half of the year was due to restocking by customers as opposed to genuine growth and there has been no improvement . . .
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