Tharsus Group delivers Growth Despite Pandemic - tharsus

Tharsus Group delivers Growth Despite Pandemic

Category Other
By Brian Palmer OBE

This year’s annual results showed that despite the impact of the Covid-19 pandemic, Tharsus Group performed strongly throughout 2020. Revenue increased by 40% from £58m to £81m, while pre-tax profits almost doubled. Strong positive cash flows further strengthened the balance sheet, highlighting our resilience in a difficult year. This year’s growth has resulted in Tharsus becoming one of the UK’s largest manufacturers of commercial robots.

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