Morgan Laments Building Firm's 'Worst Ever' Results ; Redrow Chief Dismay As Sales and Profits Fall
Daily Post › September 11, 2009
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Summary
THE founder of housebuilder Redrow is pledging to turn the business around after unveiling the company's "worst ever" annual results.
Executive chairman Steve Morgan, who rejoined the company in March, said the immediate task was to secure a return to profitability.See the full content of this document
Extract
Morgan Laments Building Firm's 'Worst Ever' Results ; Redrow Chief Dismay As Sales and Profits Fall
Mr Morgan's comments came amid news of a pounds 140.8m pre-tax loss in the year to June 30 after sales ...
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