Pre-tax profits double to £32m at health and safety supplier Arco
Health and safety equipment supplier Arco, a fourth generation family business, has seen pre-tax profits more than double to £32.5m.
Profits for the year to June 2016 increased from £15.3m the year before after a £25m sale and leaseback of its premises.
Sales declined slightly by 0.8% to £281m for the year, which the company said was down to a “toughening” in key markets such as the public sector and oil & gas.
In July 2015 Arco acquired Confined Space Training Services for £1.9m, which has contributed £3.2m i... 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...
