Company spokesman Bill Simpson said the flat-profit figure masked “extraordinary achievements” at Alexander Dennis over the past two years.
Alexander Dennis, the Falkirk coach builder backed by some of Scotland’s top businessmen, including Brian Souter and Sir David Murray, held its pre-tax profits at £3.206m last year – exactly the same as the previous year’s figure – in spite of plunging turnover and hefty redundancy payments.
Company spokesman Bill Simpson said the flat-profit figure masked “extraordinary achievements” at Alexander Dennis over the past two years.