News Article

Falcon & Dawes Roll On

Home

LONDON, UK (October 1) – The UK based Tandem Group have announced that their subsidiaries Falcon & Dawes have increased their turnover and profit during the first six months of 2003. The acquisition of MV Sports Group Plc. in April also yielded extra profit and a lot of turnover. The total increase in sales and […]

LONDON, UK (October 1) – The UK based Tandem Group have announced that their subsidiaries Falcon & Dawes have increased their turnover and profit during the first six months of 2003. The acquisition of MV Sports Group Plc. in April also yielded extra profit and a lot of turnover. The total increase in sales and profit is for both 2%. Total sales turnover during the first half year amounted GBP 25.39 million (€ 36.18); the first six months of 2002 turnover ended at GBP 19.09 million (€ 27.21). Cost have also been cut by moving Dawes Cycles and Two Wheel Trading into the MV Sports premises in the Midlands. The company now has a broad covering of all major price points and expects this healthy climate to continue. (MH) Source: www.BikeBiz.com

Comment on this article