Results: PTD

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Pittards – “trading update”, poor reporting procedures or attempted ‘no one watching o’clock’?

Shares in “producer of technically advanced leather and luxury leather goods”, Pittards (PTD) are currently further down today at 37p. That’s further down since they also fell yesterday, having closed prior to then at 47p, on the back of an intra-day (2:08pm) “trading update” – rarely good!

By Steve Moore
2023-02-24 16:09:52

NEWSFLOW

Pittards (#PTD) – notes 2021 return to profit, CFO Richard Briere to leave

2022-02-10 07:46:21

NEWSFLOW

Pittards (#PTD) – operations “at present… not been affected” by situation in Ethiopia

2021-11-12 07:59:38

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Pittards (#PTD) – 2020 update, notes started 2021 with a stronger order book but uncertainty remains

2021-02-10 07:49:01

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Pittards – argues “managed the impact on cash” & “signs of recovery”… so why further share price decline?...

“Pittards plc (AIM: PTD), the AIM listed manufacturer of specialty leather, announces a new loan and trading update” – and the shares have currently responded to 39p, more than 6% lower...

By Steve Moore
2020-07-20 16:21:30

NEWSFLOW

Pittards (#PTD) – notes significant reduced demand, with recent “signs of recovery” & £1m CBILS loan

2020-07-20 07:36:51

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Pittards (#PTD) – Ethiopia currency devaluation should help competitiveness, though c. £1m adverse balance sheet impact

2017-10-12 23:44:25

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Pittards – not a wonderful time of the year here AGAIN, profit warning…

This does not seem to be a wonderful time of the year for leather goods producer Pittards (PTD). In 2014, there was shocking news it didn’t tell of, last year a 23rd December “materially below” expectations profit warning and this year we now have a “Situation in Ethiopia and Trading Update” announcement. As you may have guessed, it ain't good...