Carole Nash's profit squeezed by recession

Liz McMahon
31 Aug 2011

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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

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