1st Dental issues profits warning
Published Date:
04 July 2008
DENTAL supplier 1st Dental Laboratories today warned its interim results would be behind directors' expectations but said recovery plans were in place for the second half of the year.
The Harrogate-based group said its revenues had dropped by 12 per cent but the problem was "beyond the control of the directors and management".
Chairman Andrew Garner added: "This disruption is believed to be a one off and appears not to be getting worse, with some recovery expected in the second half of the year.
"Our new main board directors, Nigel Spring, operations director, and Roger Smallwood, finance director, are making real progress and focusing on improving performance."
The company supplies bridges and crowns to dentists. It also offers an online service called eteeth, which allows dentists to buy products at competitive prices.
For the year ended November 30, 2007, the company reported underlying pre-tax profits of £615,000.
The group will announce its interim results on August 27.
The full article contains 186 words and appears in n/a newspaper.
-
Last Updated:
04 July 2008 10:46 AM
-
Source:
n/a
-
Location:
Yorkshire
