Pittards reports strong half

Pittards reports strong half

Luxury leather goods specialist Pittards has reported revenue of £10.4m for the six months to 30 June ’22 which is up from the £9.7m for the same period of the prior year. Pre-tax profits were also up to £337,000 from £264,000 and EBITDA grew to £830,000 from £750,000.

Pittards has also continued to develop its consumer range with the acquisition of Hill & Friends as well as the growth of its own lines.

Pittards CEO Reg Hankey said: “The group is continuing to make good progress implementing its strategy. the global inflationary climate and complexity of supply chains, together with the current energy crisis, is making the trading environment more challenging.

“The close management of cash remains a priority under these circumstances.”


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