H C Slingsby a tad lower after listing expected post-pandemic issues
A look at Friday's major share movers on the London Stock Exchange
H C Slingsby PLC (LON:SLNG) shed 4% to 225p after expressing caution on this year’s outlook as the market remains competitive.
Whilst the manufacturer's sales grew in 2020 due to demand for Coronavirus-related products, it noted that this will not necessarily continue to be the case, with many orders not repeating.
It has also incurred in significant cost increases for steel, plastic and timber products as well as for shipping, alongside delays in receiving goods, which are expected to remain for the rest of the year and hit margins.