24-10-2023 08:43 via constructionenquirer.com

Bathroom pod makers rack-up losses

Bathroom pod makers have been hit by heavy losses as the modular construction market remains “brutal”.
Specialist Elements Europe has just posted latest results showing a £5.7m pre-tax loss for the year to December 31 2022 on a turnover of £21.9m.
Fellow pod maker Off Site Solutions made a pre-tax loss of £2.1m from a turnover of £27.7m for the year to December 31 2022.One industry expert said: “Times are fairly brutal in the bathroom pod market at the m
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