Pittards plc (AIM: PTD) – lovely products but somewhat financially constrained!
Today Pittards, the specialist leather company, released its financial results for the year ending 31st December 2014.
Pittards has been manufacturing leather in the UK since 1826 and has built up an enviable reputation around the world for producing fine gloving, fashion and shoe leather. Golfers worldwide will appreciate their products! Pittards have developed from humble beginnings as a leather dresser in Somerset, to a world renowned leader in the leather industry with more than 90% of sales outside the UK. Since the 1950’s they have been at the cutting edge of leather innovations, which began with their production of the first guaranteed washable dress leather. They then progressed to produce many types of enhanced leather including…