Perkins to hand back more money


02 March 1999


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.

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