19 January 2022 - trading update

The AIM-listed bedding and associated products group has announced a trading statement for the year to 31 December 2021 showing that revenues have increased once again to £26.6m (2020: £25.2m) although EBITDA losses for the year rose to £2.9m (2020: loss of £2.0m) due to higher marketing expenditure.  This has been reflected in a reduction in net cash at the year end which stood at £4.5m (2020: £8.3m) although this has also been affected by deferred payments of VAT and higher working capital requirements.  The Christmas trading period . . .

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