Dee Valley sees profits fall by 21%

Western MailJune 06, 2009

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Summary


UTILITIES firm Dee Valley yesterday reported a fall in profits by 21% in the past 12 months.

The firm, listed on the London Stock Exchange, supplies water to homes in North-East Wales and Cheshire. It said that pre-tax profits for the year to March 31 stood at pounds 3.12m, compared to pounds 3.97m the year before - which the company said was mainly due to an increase in finance costs.

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Dee Valley sees profits fall by 21%

Revenue was up by pounds 1m to around pounds 20m, wh...

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