Pittards profits up, despite “severe raw material price inflation”

20/09/2011

Tanning group Pittards has reported a profit of £1.3 million for the first six months of 2011, an increase of 20% compared to the same period in 2010 despite what company chairman, Stephen Boyd, called “an environment of fairly severe price inflation on raw materials”. Pittards had finance costs of £200,000, slightly higher than for the first...