Automotive supplier reveals first half loss
Automotive supplier Autins Group, whose long-serving chief executive quit in February after it emerged the firm had over-estimated the strength of its business, has announced an operating loss of £0.28m for the first half.
The figure compares with a profit of £0.35m for the first half of 2016.
The Warwickshire-based group saw 30% wiped off the value of the business in February when former chief executive Jim Griffin resigned after it emerged that a major customer’s decision to revise volumes was likely to lead to materially ... 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...
