Cycling group Tandem outlines strong year
Cycles, toys and mobility scooter supplier, Tandem Group, has confirmed a strong year despite a tough market for its cycling operation.
The Birmingham-based group is now looking at new marketing opportunities to boost performance in the current year.
Full year results for the year ended December 31, 2016 show group revenue for the year was £38,414,000, an increase of 12% (2015: £34,385,000).
Operating profit after exceptional items and before finance costs and taxation was £1,379,000 (2015: £1,287,000), an increase of 7%.... 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...
