Sutton Harbour Reports Challenges Amidst Growth
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Sutton Harbour Reports Challenges Amidst Growth

Sutton Harbour Holdings (GB:SUH) has released an update.

Sutton Harbour Group PLC announced its annual results, highlighting the completion of Harbour Arch Quay apartments and restoration of normal harbour access. Despite a record trading year for King Point Marina and car park operations, the company faced challenges including high interest rates and exceptional costs from legal disputes and construction overruns. They have secured a new banking facility to help manage debt and are preparing for an upcoming Arbitration Hearing regarding maintenance responsibilities of Sutton Harbour Lock.

For further insights into GB:SUH stock, check out TipRanks’ Stock Analysis page.

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