Rok Reveals Pounds 3.8m Loss After Cfo's Suspension

Western MailAugust 18, 2010

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Summary


BUILDING services firm Rok revealed sizeable losses today as it counted the cost of job losses and restructuring at its troubled plumbing division.

The group recorded half-year losses of pounds 3.8m in the six months to June 30 and said shortcomings in financial and operational controls at the division represented a "regrettable chapter" in the company's history.

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Extract


Rok Reveals Pounds 3.8m Loss After Cfo's Suspension

Rok warned in April that profitability at the plumbing, heating and electrical business (PHE) h...

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