Safestyle loses 50% of value in four months

Shares - - SMALLER COMPANIES -

WIN­DOWS AND DOORS re­tailer Safestyle UK (SFE:AIM) has halved in value since May thanks to is­su­ing three profit warn­ings in five months.

The lat­est warn­ing came on 8 Septem­ber where the com­pany warned or­ders had de­clined ‘be­yond the board’s ex­pec­ta­tions’ since July.

Dis­ap­point­ing an­nual prof­its will also re­flect mar­gin de­te­ri­o­ra­tion. (JC)

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