SUMMARY OF ACCOUNTS FOR 1964
1964
1963 £.76,000,000 £62,000,000 £2,662,414 £1,736,312 £1,677,073 £1,421,167 .. £78,288 £67,085 £1,021,301 £705,415 £21,691,405 £16,707,563 £15,788,366 £7,274,386 The Chairman, Mr. J. Carl Ross, when presenting the report and accounts said:- 'Improved trading in every sphere of our operations has resulted in an increase in Group Profits before Taxation from £1,736,312 in 1963 to a record of £2,662,414 in 1964.
On September 30th, 1964 the Group entered the retail fruit and vegetable business by the acquisition of the Waterworth Group of Companies who oper- ate 260 shops in the Liverpool, Manchester, Cheshire and North Wales area. This may prove to be as important an event as that of our entry into the Poultry Industry four years ago. Ross Group profits do not include any contribution from this Group of Companies for the year to September 30th, 1964.
The profits of the Group during the first four months of the current financial year are, according to the preliminary figures so far available, in excess of those for the same period last year: it is anticipated that, in the absence of unforeseen circumstances, the improvement will be maintained.
Commencing with the six months to 31st March, 1965, half-yearly results will be announced.'
ROSS GROUP
LIMITED
HEAD OFFICE
ROSS HOUSE • GRIMSBY • LINCS
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