Great Bear Distribution has announced increased profit and turnover, despite identifying a variety of risks for the business in the future. Operating profit at the Chester-based firm for the year to December 2006 rose to £4.8m from £4.4m in 2005. Pre-tax profit also went up to £5m last year from £4.8m in the previous 12 months. Turnover rose to £67.3m in 2006 - up from £63.4m.
The company's financial statement says: "The business faces operational risks, market risks, legislation and regulatory
risks, environmental and health and safety risks, all of which could have an impact on the performance of the business. "The company manages these risks by holding reviews with all senior managers on a regular basis throughout the year." A spokesman for Great Bear told MT the company did not wish to make any further comment about the results.
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