Carole Nash's profit squeezed by recession
The motorbike and repair specialist's turnover dropped to £23.8m (2009: £24.2m) while profits decreased to £5.86m (2009: £6.17m).
In a statement Carole Nash said a particularly challenging trading environment had been created by the continued impact of the recession, suppression of motorcycle insurance premiums and the growth of price comparison "aggregator" sites.
Chief executive David Newman said: "This was a robust and highly creditable performance in what was a terrifically challenging year
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Most read
- Brokers face staff shortfall amid Great Resignation
- Insurers face another Covid-19 business interruption action group
- Acrisure highlights £1bn GWP aim as it moves to "disrupt" UK broking
- Blanc exits Hastings board as Mark Cliff steps in
- Allianz appoints regional branch manager
- Howden reports 48% revenue rise for 2021
- Aviva to boost underwriting team in move to invest in regional brokers