Chloride reports trading ahead of last year
Chloride, the specialist power solutions and services announced today (2 April) that trading for the year ended 31 March was in line with expectations and well ahead of the previous year and that it had reduced its debt levels.
The group said that sales growth had been “satisfactory” with performance benefiting from currency exchange movements.
Chief executive Tim Cobbold (pictured) said: "Chloride's total solutions approach and increasingly balanced market exposure combined with a resilient, service-oriented, cash generative business model underpinned a strong financial performance. Although current market conditions remain challenging the business is well positioned to continue to perform."
