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1113 push 40% ahead
31st March 1988, Page 22
31st March 1988
Page 22
Page 22, 31st March 1988
— 1113 push 40% ahead
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• Tibbett and Britten Group has announced 1987 pre-tax profits of £4.73 million — up 40% over the previous year.
Turnover rose £15 million (42%) to £5L14 million.
The company says that every sector increased activity and revenue except for International. Transcare Distribution, which runs a dedicated hanging garment delivery ser vice for Marks and Spencer, had a "good year"; Storecare, set up in 1987 to service clothing importers and exporters, opened a centre in Rochdale.
The group also owns Dartford Securities and Retail Consolidation Services, both of which performed well. International was bought in September by Fashion Transport UK, 25% owned by Tibbett and Britten.