Castle View revenues climb higher after sport and leisure contract wins



Castle View Ventures (CVV), the Bridge of Allan-based business with interests in multiple sectors, has boosted annual turnover after its flagship leisure division secured a string of new local authority contracts.
The group reported a 16.6 per cent revenue rise to £240.15 million in the year to March, driven principally by a series of business wins at its wholly owned subsidiary Sports & Leisure Management (SLM).
Operating profits climbed from £8.87m to £10.19m as the group’s gross profit margin increased by just over 1 per cent to 35.6 per cent.
However pre-tax earnings almost halved,... read more

 
10 December 2019 in Business, Views: 48
Source: Scotsman
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