Three additions as home shopping retailer reveals strong interim results
Home shopping to educational supplies retailer Findel has announced a board revamp at its interim results this morning. Philip Maudsley has been appointed group managing director, David Dutton will become group finance director and Tony Johnson has been given the post of executive deputy chairman.
The group revealed an increase in its pre-tax profits of 33 per cent for the six months to September 30. The home shopping division increased its turnover by 16 per cent to£98.3 million. Its operating profits increased by 76 per cent to£4.1 million.
Chairman Keith Chapman said: 'In home shopping we have once again outperformed the mail order sector and achieved significant growth, even when set against demanding comparatives.'
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