Grafenia switches strategy after Covid rethink : vimarsana.c

Grafenia switches strategy after Covid rethink


Grafenia switches strategy after Covid rethink
Jo Francis
Friday, April 16, 2021
Grafenia is revamping its manufacturing strategy after sales across its operations nearly halved because of the Covid-19 pandemic, and the firm has also switched its acquisition focus to software businesses.
Grafenia aims to buy B2B software companies with sales of more than £250,000,
In a trading statement today (16 April) ahead of its year-end results, the Manchester-headquartered firm said it had simplified its group structure and will now report two key business areas: production hub Works Manchester and software and licensing through Nettl Systems. 
Sales at Works Manchester, which includes trade wing Marqetspace and Image Group, fell to around £3.9m in the year to 31 March 2021, down 46.6% on the prior year.

Related Keywords

Manchester , United Kingdom , Peter Gunning , Tiger King , Image Group , Works Manchester , Nettl Systems , Works Makers , மான்செஸ்டர் , ஒன்றுபட்டது கிஂக்டம் , பீட்டர் துப்பாக்கி சூடு , புலி கிங் , படம் குழு , வேலை செய்கிறது மான்செஸ்டர் , வேலை செய்கிறது தயாரிப்பாளர்கள் ,

© 2025 Vimarsana