Birkby unveiled a 45% increase in interim pre-tax profits to £5.6m. The company produced pro-forma accounts to show the impact of its acquisition of British Coal Enterprise’s 50 business rental properties – bought for £20m this month. Birkby has been managing the properties since March.
If these profits are included, pre-tax profits, excluding exceptions, rose 19% to £4.54m on turnover up 6% at £29m.
- The Daily Telegraph 15/01/97 page 24
- The Times 15/01/97 page 26
- Financial Times 15/01/97 page 32
