Continued growth for Duncan and Todd Group

Duncan and Todd Group has announced that its positive results at the end of the last financial year have resulted in a continued growth for the company.

Turnover has increased for the Scottish company by 15% since the previous financial year, rising from £17million to £19million. Operating profits for the year were £468,000, which was up from a small loss of £74,000 in 2018.

Duncan and Todd’s managing director Frances Rus said: ‘We have seen a strong start to the current financial year, despite the difficulties in the retail sector, and we are ahead of the same period in the previous year so we’re on-track to achieve a significant increase in profitability in the coming year.’