Services division brings NG Bailey back into profit
For the year to 25th February 2022 NG Bailey made a pre-tax profit of £3m, turning around the previous year’s £4.4m loss.
Annual turnover was broadly unchanged but down slightly at £500m (2021: £507m).
Earnings before interest, taxation, depreciation and amortisation (Ebitda) was £7m (2021: £3m) with an underlying operating profit of £800,000 (compared with a loss of £2.7m
