The Guardian

JCB profits rise despite faltering demand in UK and Germany



Company owned by Bamford family benefits from strong US sales offsetting end of exports to RussiaBusiness live – latest updatesJCB has reported an increase in profits last year as strong US sales made up for the end of exports to Russia and faltering demand in the the UK and Germany.The company, one of the largest manufacturers in Britain, said that pre-tax profits rose 44% to £806m last year, up from £558m in 2022, according to a summary of its accounts published on Monday. Continue reading…



Source link : https://www.theguardian.com/business/2024/sep/23/jcb-profits-rise-uk-germany-bamford-us-sales-russia

Author : Jasper Jolly

Publish date : 2024-09-23 13:50:35

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