April 15, 2009
Admidst all the doom and gloom, it comes as a relief to hear that some British industries are thriving. While banks, car manufacturers and pick and mix vendors collapse on a daily basis, Manchester-based shoe and condom maker SSL Industries is bucking the trend.
SSL, which sells Durex condoms and Scholl footwear (an interesting combination which prompts all sorts of unsettling images of rampant hippies, a la 'Joy of Sex') is seeing its annual profits grow by 30%, and made more than £640m last year.
Chief executive Garry Watts said: "As a consequence of this underlying sales growth, continuing cost control and the benefit from favourable currency rates, we continue to expect to announce reported operating profit growth in excess of 30%."
A rather prosaic explanation for the contunuing British attachment to keeping your shoes on during sex.
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