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Nisa pays surplus funds to members.(news)(Nisa Today's Ltd.)(Financial report)(Brief article)
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Grocer
- Article date:
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August 16, 2008
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Copyright informationCOPYRIGHT 2008 William Reed 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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Nisa-Today's is to give back 500,000 [pounds sterling] in surplus funds to its members in its first repayment to them since 2005.
The buying group and symbol operator notched up record sales worth 1.14bn [pounds sterling] in the year to March up from 1.08bn [pounds sterling] the year before. Profit on ordinary activities was up from 1.9m [pounds sterling] to 3.1m [pounds sterling].
"This is a positive performance for the year in light of the marketplace and current economic climate," said John Schofield, chief financial officer.
"We are pleased to be able to reward our members in this way for their commitment to the group over the past few years."
Nisa-Today's ...
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