York forecasts Om profits
29th July 1977, Page 6
29th July 1977
Page 6
Page 6, 29th July 1977
— York forecasts Om profits
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YORK Trailers has trebled its second quarter pre-tax profits, compared with the same period, last year, and dividends are to be pushed to the maximum permitted level.
The company made a profit of £652,000 on sales of nearly £9.5 million, compared with a profit of £491,000 on sales of £7.8 million in the first quarter of this year.
A record pre-tax profit for the first half of the year of £1,143,000 has also been recorded.
York chairman Fred Davies said group profit for the year will not be less than £2 million. The company would need to revise its forecast for the year in the light of prospects for the rest of the year which looked good.