Drinks tycoon sees profits plunge by nearly 30%

West of Scotland drinks tycoon Sandy Bulloch saw profits drop by almost 30% and returns by 50% last year in his principal company.

A Bulloch (Agencies) has reported pre-tax profits of £3.6million, down from £5m, and a 7.9% return on capital, down from 15.3%, in accounts just filed at Companies House.

Turnover fell by 6.3% to £84.3m, and the directors report a consistent gross margin of 18.3%.

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