Grahams declare a profit in its annual results
Posted on: 22/11/19
In its year ending 31st March 2019 Grahams has declared a £2.2 million profit before tax up from 1.3 million (2017 & 2018) with turnover up £4.9 million (4.7%) to £109 million. The business also invested £5.6 million of capital during the year.
Note in 2018 the 1.3 million reduced to a pre tax profit of £400.000 due to exceptional costs. The numbers may sound big but as a return on capital they are nothing to trumpet.