Straight cuts costs and jobs to boost profitability
23rd August 2012
RECYCLING products group Straight has issued a profits warning despite seeing sales over the first half of 2012 increase.
A number of redundancies - 45 at its Hull manufacturing base - have been made as part of a series of measures to help trim costs.
In a trading statement Straight said: "The benefit of these actions, which included a number of redundancies, will only come through in the second half of the year.
"On this basis, whilst the group has returned to underlying profitability in recent mo......for the full story register now for free or login below...
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