Swallowfield PLC (AIM: SWL) – cautiously positive interim results
Swallowfield, a market leader in the development, formulation, and supply of personal care and beauty products; whose customers include many of the world’s leading brands, last week announced its interim results for the 28 weeks ended 10 January 2015.
Swallowfield has a long history of developing and producing aerosol, cosmetic, toiletry and other products and its customers include a large range of global brands and retailers in the beauty, personal care and household goods marketplace. The services provided by Swallowfield include market analysis; design, formulation and testing of products, packaging design and sourcing, and distribution and stock management. The most recent results saw a revenue growth of 2.1% compared to the interim results from the previous year, to £26.0m (2014: £25.4m) with 8% growth from the ‘drive’ product categories. Revenues were 4.4% higher than prior year on a constant…