Begbies slumps to loss following clear-out
5th July 2012
INSOLVENCY firm Begbies Traynor slumped to a £5.7m loss in the year to April 30 as sales dropped by 5% to £57.7m.The Manchester-based company declared a pre-tax profit of £5.5m from continuing operations, but exceptional losses of £7.1m relating to its discontinued operations dragged down overall levels of profitability.
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