Findel profits soar as business proposes name change
The online value retail group posted a 33% increase in profit before tax of £29.4m in the 52 weeks to March 29, 2019, and an increase in group revenue of 5.7% to £506.8m.
The retailer’s subsidiary Studio, formerly Express Gifts, was the driver behind the group’s performance, “producing strong growth in customer numbers, sales and profits”.
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