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Morris & Spottiswood hails 'exceptional' growth in turnover and profit
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Morris & Spottiswood hails 'exceptional' growth in turnover and profit
MORRIS & Spottiswood has announced its ‘best ever’ consolidated financial results, highlighting growth in turnover, profit and cash reserves during 2024. The group, which is celebrating its centenary year, saw turnover increase by 35%, rising from £128 million to £172.5 million. Operating profit surged by 89% to £4.7 million, up from £2.5 million. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) grew to £7.1 million, compa…
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