Member Article

Hartlepool's Stadium Group sees margins squeezed

Hartlepool-based Stadium Group say trading in the first half of the year has been challenging.

The supplier of integrated electronic management systems (iEMS) says margins continue to be squeezed with no sign of easing.

Stadium had intended to consolidate its iEMS production with the closure of its Rugby facility at the end of June but this has been delayed by at least three months meaning that some of the cost saving will be delayed.

The firm expect profitability to meet market expectations when the closure completes in the fourth quarter.

This was posted in Bdaily's Members' News section by Tom Keighley .