TL Dallas posts turnover and profit growth for 2018

growth-business

Despite the good news, director Polly Staveley warned of competitive pressures and consolidation.

TL Dallas has published full-year financial results for 2018, revealing increases in turnover and profit before tax.

The numbers show that turnover grew by 4.4% from £5.66m in 2017 to £5.92m in 2018 and expenses grew 4.0% from £5.05m to £5.25m over the same period.

This increase in turnover above expenses helped profit before tax to rise 10.2% from £630,000 in 2017 to £694,000 in 2018.

Outlook
TL Dallas director Polly Staveley wrote in the strategic report that “the company’s financial

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