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Profits increase for AAH Holdings. (AAH Holdings PLC)
- Article from:
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Cosmetics International
- Article date:
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October 10, 1992
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Copyright informationCOPYRIGHT 1992 Cosmetics Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The diversified UK distribution group, AAH Holdings plc, generated a 12 per cent increase in pre-tax profits in the year ended 31st March 1992, helped by a strong performance from healthcare services. Pre-tax profit figures increased from |pounds~28.7 million to |pounds~32.2 million on turnover which was up by 9.1 per cent from |pounds~1.1 billion to |pounds~1.3 billion.
Group trading profit reached a new record of |pounds~36.2 million, representing a rise of 10 per cent with good gains from healthcare and environmental services. Despite increased calls on working capital, the interest charge showed a slight reduction, aiding the rise in pre-tax profits. In fact, the ...
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