Pittards FY profit to miss expectations

23rd Feb 2023 15:22

(Sharecast News) - Pittards slumped on Friday after it said full-year profit was set to miss market expectations after it took a hit from a weakening of the pound and weaker sales in the last quarter of the year.

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Pittards reports improvement in demand towards end of 2020

10th Feb 2021 15:19

(Sharecast News) - Leather and luxury goods supplier Pittards updated the market on 2020 on Wednesday, reporting that its unaudited results showed revenue of around £15.2m, with about £8.6m of that coming in the second half, up approximately 30% on the first half.

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Pittards secures coronavirus business interruption loan

20th Jul 2020 09:52

(Sharecast News) - Leather products manufacturer Pittards said on Monday that it had successfully secured and drawn down a coronavirus business interruption loan of £1m through Lloyds Bank.

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Pittards earnings improve as it delays dividend decision

24th Mar 2020 13:35

(Sharecast News) - Leather and luxury good manufacturer Pittards reported revenue of ?22.3m in its final results on Tuesday, down from ?28.5m year-on-year.

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Turbulent leather market sees Pittards revenue fall in first half

19th Sep 2019 10:18

(Sharecast News) - Specialist advanced leather producer Pittards reported a 16% drop in interim revenue in its half-year report on Thursday, to £12.1m.

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Pittards profit remains stable as revenue slips

2nd Apr 2019 10:46

(Sharecast News) - Specialist producer of technically-advanced leather and luxury goods Pittards announced its results for the year ended 31 December on Tuesday, reporting a fall in revenue to £28.5m, from £30.3m.

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Pittards warns on tariffs after fall in UK hide orders

25th Sep 2018 09:32

(Sharecast News) - Pittards warned new global tariffs could affect its business as the leather producer reported falling UK hide manufacturing orders.

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Pittards warns of hit from Ethiopia disruption, lower leather demand

21st Dec 2016 08:41

(ShareCast News) - Leather and luxury leather goods maker Pittards has warned that its full year results are likely to be lower due to lower demand in recent months and disruption to its Ethiopian manufacturing operations from the violent social unrest in the country. Pittards said second-half

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Pittards appoints non-executive director

10th Aug 2015 08:07

(ShareCast News) - Leather goods maker Pittards has appointed Louise Cretton as a non-executive director. Cretton has wide marketing experience and has served on executive boards for longer than a decade, AIM listed Pittards said. The glove maker added Cretton was also a director of Optisca and Mar

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Pittards peturbs with pound caution

17th Feb 2015 09:08

Leather and luxury leather goods group Pittards warned that economic uncertainty was "making it difficult to predict future business" but that trading last year had remained robust. The AIM-listed company, which supplies high performance leather for products from handbags and shoes to cricket gloves

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Tuesday broker round-up UPDATE

22nd Jul 2014 09:37

Abcam: N+1 Singer places both its target price (prev.: 346p) and its sell recommendation under review. Amiad Water Systems: Oriel lowers target price from 350p to 340p and retains a buy recommendation. Ashmore Group: Espirito Santo ups target price from 371p to 404p, while downgrading to neutral.

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Tuesday broker round-up UPDATE

18th Mar 2014 08:58

Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom

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Thursday broker round-up UPDATE

6th Feb 2014 09:23

ARM Holdings: HSBC reduces target price from 1120p to 1080p and stays with its overweight rating. Avon Rubber: WH Ireland raises target price from 650p to 765p and stays with its buy recommendation. Balfour Beatty: Liberum Capital ups target price from 300p to 350p retaining its buy recommendation

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Pittards pleases as profits return to normal levels

27th Aug 2013 09:37

Shares in leather producer Pittards leapt on Tuesday after the group pleased investors with a return to 'more normal' levels of profit and a rise in net assets following a successful period of transition last year. Revenues for the half-year to June 30th edged £0.1m higher to £18.4m year-on-year,

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Pittards profit declines as costs rise

19th Mar 2013 08:00

Leather goods retailer Pittards reported a drop in full year profit, after it was hit by a spike in hide and skin prices, but it remains confident its core strategy will lead to improved performance in the near future. Pre-tax profit, before restructuring costs, fell to £0.3m for the year ended Dec

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