Profits slump at St Ives
St Ives has cited worse trading conditions than for many years in almost all its markets bar books.
The firm today (15 October) released its preliminary results for the year to 2 August 2002. Pre-tax profits prior to exceptionals and goodwill write-offs slumped by 41.7% to 36.1m on sales down 6.2% at 467m. The groups retained loss was 1.86m.
