Snorkel sales continue to improve
22 November 2023
Tanfield, the 49% shareholder of Snorkel, has reported that the US-based manufacturer has a seen a significant rise in its fortunes over the first nine months of the year.
According to the UK shareholder, Snorkel’s sales increased by 20.5% to US$51.1m compared to the same period in 2023. EBITDA improved to a US$1.0m profit, compared to the third quarter last year when there was a $3.1m loss.
For the year to date the company saw a sales increase…
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