Lifesafe Holdings Plc (GB:LIFS) has released an update.
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LifeSafe Holdings plc has seen promising developments as it switches to a B2B2C sales model in the US, which meets the Board’s expectations and improves margins. The company’s wholesale and industrial partnerships have led to sales exceeding £0.8 million in the first half of 2024, surpassing internal budgets and steering the firm towards anticipated profitability. LifeSafe’s innovative eco-friendly fire safety products continue to disrupt the market, with its latest successes including a top-selling extinguisher on Amazon UK.
For further insights into GB:LIFS stock, check out TipRanks’ Stock Analysis page.
