TopHat cuts losses and aims for profit in three years
Volumetric modular house builder TopHat is aiming for “strong profitability” within the next three years as latest results showed a reduction in losses.
The Goldman Sachs based business saw pre-tax losses for the year to October 31 2021 fall to £19.4m from £21.3m last time as turnover nearly doubled to £12.3m from £6.3m.
TopHat has been trading since 2016 with shareholders led by Goldman Sachs investing £130m in the business since then.The company said:
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