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'More opportunity than risk' for Pittards

16/02/2021
Leathergoods producer and tannery owner Pittards has said although there is ongoing uncertainty associated with the pandemic, “there is more opportunity than risk” ahead.

Preliminary results show revenue of £15.2 million for the year to the end of December 2020, with second half sales 30% higher than the first.

Customer orders began to rise towards the end of the year, and the group started 2021 with an order book stronger than the beginning of the previous two years.

Chairman Stephen Yapp said: “We remain cautious in the short term, and hope the pandemic is now evolving through a final phase to enable the recovery to more normal conditions to commence."

Pittards operates tanneries in England and Ethiopia, as well as footwear, gloves and leathergoods manufacturing operations.

 


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