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Morse ups profits on flat sales

Morse Group failed to grow revenue in the six months ended 31 December, but did manage a big jump in profits. Revenue was £107.6m versus £107.5m last year. But profit before tax was £4.1m compared to £2.2m in the second half of 2008. Ebitda was up 94 per cent to £4.6m. Morse made an operating profit of £4.1m against a £2.7m …

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Coat

I dont need no stinking title

Nice to see the employer making profits...maybe I might get a payrise this year!!

Anonymous Coward
Unhappy

Easy answer to that one

Not if you're a revenue earner....

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