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” Time will show the truth.
This performance measurement analysis will concentrate on years 2001 – 2006 as this seems to be a reasonable time range.
Firstly, table no. 1 shows basic indicators of performance. Operating profit has been rising each year. This trend has become stronger between year 2003 and 2005 with a downfall to just 6% increase in 2006 (?41.5 millions). Turnover was fluctuating around the same level till year 2004 (~ ?380 millions) and turned into an upward trend that is becoming faster. A very similar situation is presented by the retail sales value, which in 2006 reached a level of ?772 millions...
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