Acquisitions boost for Knights of Old


 

Knights of Old has said it expects to “reap the benefits of larger economies of scale”, after a full year of trading incorporating its 2013 acquisition of AE Parker saw pre-tax profit and turnover rise. For the 12 months ending 31 May 2014 turnover rose to £47.4m, up from £44.6m in the previous financial year, while pre-tax profit increased to £1.15m, compared to £1.149m in 2013. A total of £40.2m of that turnover is derived from the UK, with £7.2m […]