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MPG Printing Group has reported a 27% increase in operating profits for the year to 31 December 2002.
The Woking-based group recorded an operating profit of pounds 1.3m, even after allowing for a deficit payment of pounds 562,000 into its defined benefit pension scheme, on sales down 2.7% at pounds 18.5m. Pre-tax profits were pounds 947,000.
Chief executive Mike Milton stated …