HOME arrow Archive arrow Property and Construction Archive arrow Gibbs and Dandy sees slight drop in profits
Gibbs and Dandy sees slight drop in profits
Written by Business Weekly   
Friday, 09 March 2007
Luton-based builder's merchants Gibbs and Dandy has announced its full year results, reporting a nine per cent fall in pre-tax profit in what the company called a "far from easy" trading environment.

Pre-tax profit for the full year dropped from £4.42m to £4.02m this year, but turnover grew three per cent to £58.4m

The firm said that it expects modest growth in the repair, maintenance and improvement (RMI) sector in 2007, and like-for-likes in the sctor for this year were up 0.6 per cent.

The news caused the firm's shares to shed 4p, leaving them at 390p.

 
< Prev   Next >
[ Back ]

Site Login

Advertisement

Brownstone Design - Outstanding website and design for print solutions