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Acorn profits from increased sales

UK stair lift manufacturer Acorn has seen greatly increased profits after a rise in revenues.

The Bradford based company saw sales increase by more than nine percent in 2015 to 2015, compared with the previous year.

Sales for Acorn Mobility Services were up to £149m, compared with revenues of £135.5m the year prior.

And profits were up by a greater margin - showing £17.3m in 2014 to 2015, a rise from £9.7m the year before.

Company chief John Jakes, who founded the busines, took a dividend of £18.5m, reports The Times.

Story uploaded - August 2016

 

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