Fodens' output up 22.5 p.c.
4th August 1972, Page 20
4th August 1972
Page 20
Page 20, 4th August 1972
— Fodens' output up 22.5 p.c.
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• The Fodens Ltd annual report for the year ended April 1 1972, shows a tax paid profit of £431,156 (1971: £790,180). Turnover was down to £12,986,000 (£14,561,000). The early profit figures augured well for a strong recovery this year, said the chairman Mr Albert Stubbs. The output for April, May and June was 22.5 per cent above that of the same period last year.