Industry News
Nationwide Accident Repair reports rise in interim profits
14th September 2006
The collision repair group Nationwide Accident Repair Services, floated on the AIM last July, has reported that its underlying first-half year pre-tax profits rose to £4.2m from £3.4m for the six months to 30 June. Turnover rose to £78.7m from £66.6m a year earlier. Operating profit excluding non-recurring items rose by 11% to £4.1m from £3.7m, as gross margins were maintained despite inflationary pressure. The group said it managed to maintain its gross margins against an inflationary trading environment.
News Headlines
