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A new charitable foundation aimed at helping children succeed in life has been launched by Scottish businessman Calum Melville, whose fast-growing Edison Group has been acquiring companies in the construction sector throughout the UK over the last year. The Melville Foundation, registered as a chari
Water group Pennon's annual pre-tax loss came in at £8.5million, compared to a pre-tax profit of £127.7million a year ago.
Dr Martens will launch a share buy back programme of up to £50m as the boot maker looks to up investment following a 26 per cent slide in pre-tax profits The London-listed retailer hit record revenues during the year of £1bn, as sales recovered post-pandemic and it opened 52 new stores world wide, however profits were offset by following disruptions in its US warehouse - which will see the brand loose £15m.
Dr Martens saw its pre-tax profit for the year to March fell by 26 per cent to £159.4million, while revenue increased by 10 per cent, topping the £1billion mark for the first time.
Dr Martens PLC (LSE:DOCS) shares tumbled 11% in early exchanges as the company warned of lower margins in the year ahead alongside a 26% decline in annual...