Lloyd Fraser says trading conditions are volatile despite strong performance


Lloyd Fraser has warned that current trading conditions are challenging, but added it was too early to say what impact Brexit might have on its future performance. Reporting its annual results for the year to 31 August 2015 at Companies House, the Rugby-based firm revealed a 31% rise in pre-tax profits to £2.7m (2014: £2.1m). Turnover grew 9.1% year-on-year to £58.7m (2014: £53.8m). The directors said they were pleased with the group’s progress, adding that “healthy cash reserves and no debt” […]