Ashley Profit Leap Bucks Trend Amid Caution

Daily PostMarch 28, 2008

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Summary


FASHION and home furnishings firm Laura Ashley, which has substantial operations in mid Wales, has posted a 62.3% leap in full- year profits despite falling sales amid tougher trading.

The group reported pre-tax profits of pounds 19.8m as the group's advertising efforts and improved product sourcing lifted margins.

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Extract


Ashley Profit Leap Bucks Trend Amid Caution

Laura Ashley's profits hike appeared to buck the trend for r...

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