Average profit margins in the fixings and fasteners market are at 6% and just under 10% of companies (84) have recorded a loss for the second consecutive year in the industry, according to a new report.
The research – carried out by market analysts Plimsoll Publishing – analysed 859 companies and included these key findings:
195 firms recorded a loss
84 companies have made loss for the second consecutive year
49 of the businesses that made a loss increased sales
98 companies have been rated as danger (…)
