Leeds Group PLC - West Yorkshire, England-based textile manufacturing company - In the financial year that ended May 31, pretax loss narrows to £893,000 from £3.2 million a year earlier, while pretax loss from continuing operations narrows to £814,000 from £875,000. Revenue falls to £27.8 million from £29.6 million. Non-Executive Chair Jan Holmstrom says: ‘The group’s focus is now solely to return Hemmers to profitability. Hemmers management will continue to assess the cost base to make sure it aligns with the reduced sales levels and look to make efficiencies wherever they can to ensure Hemmers is as competitive as it can be in the marketplace. The directors will continue to look at all options available to the group to maximise shareholder value.’
Current stock price: 11.00 pence, down 19%
12-month change: down 21%
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