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Bezier restructure in 2000 'justified'.(latest results show profit growth)(Brief Article)
Bezier claims its latest results vindicate its decision to restructure in 2000.
In the year to 30 April 2002 Bezier Holdings' pre-tax profits climbed 9.5% to pounds 4.28m, on sales down 20% to pounds 35m. Sales from continuing operations rose 4%.
Bezier chief executive Brian Dudley said: 'It justifies our decisions.
It's extremely satisfying to present a clean set of accounts that don't include discontinued operations.'
He said that he believed the increase in top line and margins could be improved in the coming year.
'The restructuring was painful at the time, particularly for the people concerned. But our primary strategy was to become a major supplier of PoP (point-of-purchase) materials for major retailers,' said Dudley.
In June 2000, the group said it ...
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