Snorkel posted £18.9 million (about U.S. $30.6 million) in revenue for the first half of 2013, compared to £24.1 million in the first half of 2012, a 21.7-percent decrease as the company was constrained by a lack of working capital. As the owning Tanfield Group said in previous financial statements, Snorkel was unable to take advantage of increasing demand for aerial work platforms because of the lack of working capital. At the same time the company announced its results, it ...
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