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Findel sees losses increase to £76.1m

20th July 2010

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YORKSHIRE home shopping and educational supplies business Findel has seen its losses before tax increase from £57.4m to £76.1m over the past year as a result of a "challenging  period".

In the 12 months to April 3, 2010, the Burley-in-Wharfedale-based company has also seen sales from its continuing operations drop by 4% to £547m.

It benchmark operating profit over the past year has also fallen to £36.2m from £48.4m last time.

Findel's preliminary results nevertheless hail a "......for the full story register now for free or login below...


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