Alba plc
Alba:H1 results
Consumer electronics manufacturer Alba reported poor results for the half year to September 2005. The company blamed “extremely tough” trading conditions, characterised by low consumer spending and price-cutting in the high street as it returned losses of £6.6m (2004: profit of £7.8m) for the first half of the financial year.
Group turnover was maintained at […]
Alba
The first half turnover to September 2004 at Alba increased by 22.1% to £305m (+6.4% LFL) benefiting from the five month contribution of the Grundig joint venture. Grundig added £0.1m to operating profit, a 1.2% increase from the comparative period. However the lack of operating profit growth, and a 6.4% increase in sales […]
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