Frustrating Year for Butterfield
16th August 1963, Page 49
16th August 1963
Page 49
Page 49, 16th August 1963
— Frustrating Year for Butterfield
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his report to shareholders, Mr. A. J. atterfield, chairman of W. P. Butter
Ltd., said that last year (ended ch 31) had been one of frustration. ness and profits had dropped, partirly in the case of some of the larger idiary companies manufacturing road ers and other commercial vehicles. te subsidiaries had been considerably :ted by the economic pressures preng over the past two years.
fie group's gross trading profit at l,000 was £.123,7136 less than the pres year. Net profit after tax was i.289 (£165,526 last year).