'Challenging' year sees lower 2019 profit at merchant Cefetra
>More in © Peter Devlin Pre-tax profit at Glasgow-based grain and feed trader Cefetra fell to £229,000 in the year to December 2019, in what the company describes as a challenging trading and logistical environment. Recently filed accounts for the company, which also operates in Ireland, show that turnover topped the £1bn mark, a slight rise from the previous year. The 2019 pre-tax profit of £229,00 was a big fall compared with the £4.449m of the previous year. Operating profit was £2.152m in 2019 compared with £5.879m in 2018. ...
Source: fwi.co.uk