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Prestons of Potto increases profit

05 October 2007

Prestons of Potto has increased its profit, despite describing current trading conditions as "challenging". Managing director Anne Preston says: "We are quite pleased with the results, although we would have liked to have got our margins up even higher. There are so many costs in this industry at the moment, and we are particularly angry about the rise in fuel duty."

Pre-tax profit for the year to December 2006 leapt to £310,397 from £46,486 in 2005. Operating profit rose to £446,599 from  £199,374. Turnover increased to £23.6m in 2006 from a figure of £21.8m in 2005. No dividends were distributed for 2006.


Roger Brown
Email at roger.brown@rbi.co.uk
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