Airdrie-based company said sales rose 16.4% to £53.4m
Contract painting and decorating firm Bell Group has posted strong annual results despite “flat” market conditions.
The Airdrie-based company said turnover for the year to March 31, 2012, rose by 16.4 per cent on the previous year to £53.4 million.
Cost of sales rose to £40.7 million against £35 million the previous year, through gross profits rose to £12.6 million on £10.8 million a year ago.
Pre-tax profits for the year were £1.24 million, up slightly on the £1.05 million reported last year.
Bell Group added 50 new production staff in the last year and 13 additional administrative staff, taking its total workforce to 1075.