Challenging market puts Lloyd Fraser Holdings to the test

LLoyd Fraser
 

Lloyd Fraser Holdings has delivered a mixed performance in what it described as a “very challenging” and price driven market. Reporting its annual results for the twelve months to 28 February 2018, the Rugby-based company revealed that its operating profit had risen by almost two thirds whilst its turnover had fallen by 26% in the period. The company’s turnover was £40.9m, a pro-rata fall of 26% when compared to turnover in the previous 18 month period, which stood at £83m. […]