Oregon back in profit despite sector woes

BUILDING material supplier Oregon Timber Frame has swung back into the black in spite of tough conditions in the construction sector.

A pre-tax loss of £316,723 was turned around into a pre-tax profit of £541,336 in 2011 with turnover increasing slightly from £12.3 million to £12.5m.

The Selkirk company, set up in 1998, said more stable timber prices plus cost cutting and efficiencies had helped improve margins and return to profit.

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