GRAHAM'S, which describes itself as Scotland's largest independent dairy company, suffered a further sharp fall in profits in its last financial year amid "competitive pricing" by retailers and cost pressures.
GRAHAM'S, which describes itself as Scotland's largest independent dairy company, suffered a further sharp fall in profits in its last financial year amid \"competitive pricing\" by retailers and cost pressures.
tough MARKET: Graham's, which has a production facility at Bridge of Allan, near Stirling, suffered a 30% pre-tax profit fall. Picture: Martin Shields
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Ian mcConnell Business editor
The family-owned dairy company revealed yesterday that its pre-tax profits had fallen to £420,000 in the year to March 31 from £604,022 in the prior 12 months, a drop of about 30.5%.
Graham's had suffered a 42.5% fall in pre-tax profits in the year to March 2011, having made earnings of £1.05 million at this level in the 12 months to March 2010.
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