Slingsby Plc Maintains Profits Amidst Economic Challenges

H.C.Slingsby Plc (GB:SLNG) has released an update.

H.C. Slingsby Plc, an established player in the industry, reported a stable operating profit of £0.63m for 2023, mirroring the previous year’s performance, on increased sales of £22.6m, up from £21.6m in 2022. The company saw its net assets dip slightly to £4.2m, impacted by a growing pension deficit which also led to the suspension of dividend payments for 2023 and 2024. Despite a competitive market and economic uncertainties, Slingsby remains focused on digital growth, with plans to launch a new e-commerce platform and continue seeking strategic acquisitions.

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