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Maplin scoops sales record and plans more stores

Electrical retailer Maplin Electronics announced record profits yesterday and promised to open 13 new stores this year.

The 83-store chain said pre-tax profits rose 40% to £17.9m in 2003.

Sales were up more than 13% on a like-for-like basis, to a record £99m.

References: The Guardian 10/04/04 page 25

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