Source - Alliance News

Tanfield Group PLC - passive investing company with 49% interest in producer of self-propelled, towable and push-around aerial lifts Snorkel International - Says Snorkel’s sales fell 5.4% to $137.3 million in the first nine months of its current financial year, from $145.1 million the year before. The investee’s earnings before interest, tax, depreciation and amortisation have swung to a loss of $1.9 million, from last year’s $2.8 million profit.

Tanfield notes that the outcome of ongoing US legal proceedings could impact Snorkel’s current £19.1 million investment value. The rescheduled jury trial has now been set for a five-week stack beginning in October. The firm says it ‘continues to believe that a positive outcome to the proceedings is possible’.

Current stock price: 3.46 pence, down 2.0% in London late on Friday morning

12-month change: down 10%

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Tanfield Group PLC (TAN)

0p (0.00%)
delayed 06:57AM
JavaScript chart by amCharts 3.4.4