The Fish 10674 Posted July 26, 2010 Share Posted July 26, 2010 Sports Direct profits from record revenue Sports Direct has reported a more than tenfold increase in annual profits after achieving record revenue in the year to the end of April. Pre-tax profit came in at £119.5m, against £10.7m a year earlier. Group revenue was £1.45bn, up from £1.37bn. The firm also said it had made good progress in reducing debt. Sports Direct, which owns Sports World stores and brands such as Slazenger and Dunlop, is controlled by the Newcastle United owner, Mike Ashley. "The group performed strongly throughout the year, achieving excellent sales and profit performances ahead of out initial expectations 12 months ago," said chief executive Dave Forsey. "Looking ahead, we are confident that initiatives we are taking across all areas of the group will put us in a strong position for the next phase of our growth." In March this year, Blacks Leisure dismissed a £26m takeover approach from Sports Direct. Link to comment Share on other sites More sharing options...
The Fish 10674 Posted July 26, 2010 Author Share Posted July 26, 2010 Proves I should never have been a Mod... can someone shift this to the proper board please... Link to comment Share on other sites More sharing options...
khay 10 Posted July 26, 2010 Share Posted July 26, 2010 We needed proof? Link to comment Share on other sites More sharing options...
The Fish 10674 Posted July 26, 2010 Author Share Posted July 26, 2010 You need a slap.... Link to comment Share on other sites More sharing options...
sammynb 3342 Posted July 26, 2010 Share Posted July 26, 2010 Link to comment Share on other sites More sharing options...
Guest alex Posted July 26, 2010 Share Posted July 26, 2010 Meenzer's nickname in the top left-hand corner there. Link to comment Share on other sites More sharing options...
Ayatollah Hermione 13762 Posted July 26, 2010 Share Posted July 26, 2010 Meenzer's nickname in the top left-hand corner there. "ARGH!!!"? Link to comment Share on other sites More sharing options...
sammynb 3342 Posted July 26, 2010 Share Posted July 26, 2010 Meenzer's nickname in the top left-hand corner there. But only fish calls him that. Link to comment Share on other sites More sharing options...
Meenzer 15347 Posted July 26, 2010 Share Posted July 26, 2010 Meenzer's nickname in the top left-hand corner there. "ARGH!!!"? Always been my lucky syllable. Link to comment Share on other sites More sharing options...
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