Bourne Group - The Financial Results - Year Ending 31st October 2010
Bourne Group is delighted to report that despite the very difficult economic environment they've produced another strong performance in 2009/10.
A pre-tax profit of 1.821 million from a turnover of 37.8 million was achieved. The increased profit (up 37%) is an exceptional result in light of some of the worst-ever trading conditions experienced in our sector.
The result is a major achievement against the backdrop of the challenging conditions of the past 12 months. The period has seen many closures in the construction industry, including the steelwork sector and in contrast to others that have lost value we finished last year with increased operating profits, an excellent cash position, a stronger balance sheet and an enhanced reputation for high quality performance.
The result is a major achievement against the backdrop of the challenging conditions of the past 12 months. The period has seen many closures in the construction industry, including the steelwork sector and in contrast to others that have lost value we finished last year with increased operating profits, an excellent cash position, a stronger balance sheet and an enhanced reputation for high quality performance.
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