Airea profits rise but competition remains ‘fierce’
The Osset-based company said pre-tax profit rose from £170,000 to £330,000 in the year to June 30, although turnover fell from £25m to £23.3m.
It added that an ongoing squeeze in disposable incomes, continuing austerity in the public sector, and problems in the euro zone combined to give a mixed picture, while competition for work remained fierce throughout the year.
Advertisement
Hide AdAdvertisement
Hide AdIn a statement Airea said: “We approach the new year recognising that competition will remain fierce, but with the confidence that the development of our strategy continues to improve our competitive position.”