July 11, 2018 / 6:30 AM / a month ago

UK's Safestyle forecasts FY pretax loss as margins erode

July 11 (Reuters) - British windows and doors retailer Safestyle UK Plc forecast a full-year underlying pretax loss, hurt by lower margins and higher costs, and revenue below market expectations.

Gross margins have been impacted by higher digital marketing costs and sales commissions, the company said in a statement on Wednesday.

Reporting by Ismail Shakil in Bengaluru; Editing by Amrutha Gayathri

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