Caffe Nero Profits From Expansion

Summary


Caffe Nero has reported a sharp jump in profitability after its expansion plans continued at a steady pace.

The firm said profits before tax jumped to pounds 3.5 million in the six months to November 30, up from pounds 700,000 during the same period in 2004.

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Extract


Caffe Nero Profits From Expansion

Financial analysts expect the company, which is looking to tap into burgeoning demand for Italian-style coffees and snacks, to de...

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