Perkins to hand back more money
PERKINS Foods, which returned £58 million in cash to shareholders last year, may hand back more money and make further acquisitions.
The company had £13m in cash at the end of the year to 31 December with a £60m borrowing facility.
Pre-tax profit rose from £28m to £55.1m after the company made a profit of £33.6m on the disposal of its fresh produce division.
- Perkins sells fresh unit to Greenery for £123.6m, FWi, 03 March, 1998
- The Times 02/03/02/99 page 32 (Business Roundup)
- Financial Times 02/03/99 page 23