Gloomy news from Findel: Annual sales from continuing
operations at both its home shopping division and its education
division were down 4 per cent for the year ended 3rd April. At
least its third division, the healthcare group, enjoyed
“double-digit sales growth”. All told, it warned that
its annual results would be at the lower end of expectations and
that it is considering an equity issue. The company is also
renegotiating its revolving credit terms.
Williams Medical Supplies appointed Steve Dunn to the
newly created position of chief executive officer. He was
previously group managing director of the UK’s largest
pharmaceutical wholesaler.
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