Sheffield Forgemasters International has published its annual figures for 2009/2010, recording increased profitability despite a fall in turnover.
SFIL’s operating profits reached £7.7m, with turnover dropping to £104.8m. Tony Pedder, chairman of SFIL, said: “The figures reflect a considerable achievement during a period of unfavourable trading conditions, which saw the company’s order book reduce in the year by 14% due principally to a fall in demand for its products. This is a reward…
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