High Street Challenge On the Cards for Clinton ; Retail

Summary


Clinton Cards reported a sharp rise in its fullyear profits and is confident of further progress in the coming year although high street trading remains challenging.

The card retailer said adjusted pretax profit for the year ended July 29 was pounds 17 million, versus pounds 6.1 million last year, and net pretax profit more than tripled to pounds 15.1 million from pounds 4.7 million.

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Extract


High Street Challenge On the Cards for Clinton ; Retail

"The combination of trading conditions, a focus on controlling costs and i...

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