Business and people search

Investments dent Galaxy Optical's profits

8th August 2012

Share:

GALAXY Optical Services, the North West supplier and partner to retail giant Tesco's opticians business, saw its profits drop after investing in systems and new staff.The Altrincham-based company described the results for the year to the end of November 2011 as satisfactory and "in line with forecast" as profits fell from £2.4m to £1.3m. Turnover was flat at £40.8m.While gross profitd were slightly up on 2010 to £8.6m, a £1.4m increase in adminstrative expenses to £7.4m hit the bottom line. Accou......for the full story register now for free or login below...


Print this page Have your say Bookmark and Share Send to a friend

More News News Archive

Have Your Say 

Be the first to comment on this article!

Login to submit a comment

 
Radisson Blu B4 Nov 2012
TheBusinessDesk is a company registered in the UK - Company #6324067 - VAT #917602919