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Tanfield Group PLC - passive investing company with 49% interest in producer of self-propelled, towable and push-around aerial lifts Snorkel International - Says Snorkel’s sales fell 5.4% to $137.3 million in the first nine months of its current financial year, from $145.1 million the year before. The investee’s earnings before interest, tax, depreciation and amortisation have swung to a loss of $1.9 million, from last year’s $2.8 million profit. Tanfield notes that the outcome of ongoing US legal proceedings could impact Snorkel’s current £19.1 million investment value. The rescheduled jury trial has now been set for a five-week stack beginning in October. The firm says it ‘continues to believe that a positive outcome to the proceedings is possible’. Current stock price: 3.46 pence, down 2.0% in London late on Friday morning 12-month change: down 10% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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