ADM Londis reports profit before tax increased by 20% in 2007
Apr 29th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
ADM Londis plc, one of Ireland’s fastest growing retail symbol groups, today announced its annual results for the year ended 31st December 2007. Profit before tax increased by 20% to €6.1m, on a wholesale turnover of €371m (up 4.5%). ADM Londis also announced that its shares are now valued at €85.04, an increase of 7% on the April 2007 valuation. The Group added 35 new stores in 2007 and now represents a network of over 370 stores with a combined retail turnover of €761m.