Grainger forecasts sales increase

Oct. 7, 2009
Grainger, the UK’s largest quoted residential property owner, has forecast that its total group sales will amount to £220 million for the twelve months to September 2009. In its trading statement, the plc company said that the predicted figure was a 21.6% increase on last year’s result of £181 million. But “as anticipated,” Grainger’s margins dropped on account of falling …

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