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NEWS UPDATE - YEAR END RESULTS

Friday, August 24, 2012

Frontline are pleased to announce that their audited accounts for the year ended 31st March 2012 have now been published.

The directors are delighted to report that, following the opening of our new Leeds office, the expansion of our sales force and excellent work from the whole Frontline team, turnover has increased by an excellent 17% compared to the previous year.  However, the cost of equipment has continued to rise and higher input prices combined with a very competitive market place with ever tighter margins, has resulted in a decline in the overall profitability of the business when compared to what was an exceptional year last year.

Looking forward, the business has made an excellent start to the new year and we have a healthy order book, which gives the directors confidence that the current year will see further growth in sales.  In addition, a review of the business's key operational processes should help to make us more efficient and deliver an increase in profitability.

The directors would like to thank all their staff, suppliers and most importantly, customers, for their continued support.