Thursday, March 20, 2008
HR Owen has a good year’s trading
HR Owen has posted group profits before tax and exceptional items of £3.2 million up in 2007 up from £0.7m in 2006.
Turnover from continuing operations rose by 15% to £184 million for the year ended December 31, 2007 compared to £159.3m in 2006.
John MacArthur, HR Owen chairman, said: "I am pleased again to report the completion of a good year's trading, with profits for our continuing businesses at record levels.
"These results were helped by the strong economy in London and the management's increased focus on the luxury sector following the disposal of the group's volume-orientated franchises."
DATED: 20.03.08
FEED: AM
Turnover from continuing operations rose by 15% to £184 million for the year ended December 31, 2007 compared to £159.3m in 2006.
John MacArthur, HR Owen chairman, said: "I am pleased again to report the completion of a good year's trading, with profits for our continuing businesses at record levels.
"These results were helped by the strong economy in London and the management's increased focus on the luxury sector following the disposal of the group's volume-orientated franchises."
DATED: 20.03.08
FEED: AM
