Big Loss for UK Tandem Group

MANCHESTER, UK The Tandem Group that (among other companies) operates UKs well known bike brands of Falcon, Dawes, Claud Butler, Shogun, British Eagle and Optima, scored a big loss during its fiscal year that ended 31st January 2006. There was a loss before taxation of GBP 2,157,000 ( 3,174,000) compared to a profit last year of GBP 1,179,000 ( 1,734,000).

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