Sales down at listed textiles wholesaler

Leeds Group, a wholesaler of fabrics and haberdashery, made a loss from continuing operations after tax of £712,000 (2018: profit of £814,000).The company, which is based in Drighlington, Bradford, has presented its interim results for the six months ended 30 November 2019, in which it warns of difficult market conditions throughout Europe, with pricing pressure in all sectors.The group's business is conducted by its German trading subsidiary Hemmers/Itex Textil Import Export GmbH and Stoff-Ideen-KMR GmbH, a subsidiary of H... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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