Latchways, the Devizes-based safety equipment firm, today said continued growth in European markets more than made up for lower sales in the weak UK construction industry.
Trading had been robust between April 1 and August 9 with revenues ahead of the same period last year, the firm said in a stock market update.
New innovative products will be launched later this year which the firm expects to generate significant revenues.
“We continue to invest in our sales and operational infrastructure, to support the increasing penetration of our existing product range, the launch of new products, and our growth in export markets,” the firm said.
“The business remains strongly cash generative, with the balance sheet strengthening further since the year end.”
Latchways specialises in designing and manufacturing equipment that protects people working at height.
