CONDOMS-to-rubber gloves maker SSL, owners of the former Cupal pharmaceutical sites in Blackburn, has said its integration following last year's merger was ahead of target.
But it said full-year profits had been wiped out by costs relating to the tie-up.
The company was formed in June by the merger of footcare and footwear group Seton Scholl and rubber products company London International.
The integration costs include the company's withdrawal from the examination gloves market and closing its North American branded condom facility in the US.
Losses before tax for the year ending March 31 came in at £26.5million compared with a profit of £33million the previous year. Turnover was £704.7million against £631million.
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