Profit and turnover wilt at flower group
JZ Flowers, the East Yorkshire-based flower company, has seen its turnover and profit drop in a year it lost a £14m annual contract.
The firm, based in Newport, has filed accounts for the year ended 31 December 2018. Its turnover has fallen to £114m, down from £124m in the previous year, because it missed out on a three year contract to supply "core range lines" that contributed £14m annually.
Its pre -tax profits dipped by £1m; dropping to £4m from £5m in 2017.
However, JZ Flowers, which earlier this year announced a ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...