MBL Group, the AIM-listed entertainment and gardening products supplier based in Preston, has started a formal sale process after posting a loss of £158,000 for the year.
The group, which saw turnover increase 8% to £15.9m for the year to the end of March 2017, made the post tax loss because of exceptional costs of almost £700,000, which it said were a result of its strategic review.
It said that both its Home Entertainment and Garden & Home trading divisions were profitable, with the Garden & Home division - which sp... 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...
