CBG remains confident despite fall in profit and revenue
CBG’s results for 2010 have revealed a drop in pre-tax profits to £842,000 (2009: £1.03m) with revenue also falling by just over £1.2m to £7.7m (2009: £8.96m).
The Manchester-based group's EBITD dipped to £1.16m (2009: £1.39m) while earnings per share fell to 3.83p (2009: 4.69p).
In October 2010 CBG purchased Rockbridge Healthcare for an undisclosed fee. The acquisition was the company's first since 2008, following a two year period of consolidation and restructure.
Mike Askew, group managing director of CBG, said: "I am in no doubt that the trading environment will continue to be tough in 2011.
"While some of our customer markets remain under pressure
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