Findel reported sales of £94.4m for the year ended March 25, 2016, down from £102.8m the previous year with operating profit £1m lower at £3.2m. Sales fell from £102.8 million in 2015 to £94.4 million this year, while operating profit stood at £3.2 million, down from £4.2 million. While group revenue rose 0.9% to £410.6m, pre-tax profits slipped 10.6% to £24.8m. The company said it was “disappointed” by its results and would review how it spent money in future.
Findel reported sales of £94.4m for the year ended March 25, 2016, down from £102.8m the previous year with operating profit £1m lower at £3.2m. While group revenue rose 0.9% to £410.6m, pre-tax profits slipped 10.6% to £24.8m. The company said it was “disappointed” by its results and would review how it spent money in future.