Profits rise for company (From The Oxford Times)
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Profits rise for company
7:00pm Saturday 26th May 2012 in News
OXFORD: Electronics and maintenance products supplier Electrocomponents has revealed a surge in its fortunes.
Bosses at the firm, which employs more than 90 staff at its headquarters on the Oxford Business Park, reported pre-tax profits of £122.3m for the year ended March 31, a rise of seven per cent on the same period last year.
Annual turnover also rose to £1.267bn, also a rise of seven per cent and a record for the company.