The company has relocated its head office from Manchester to St Albans and reduced its dealership network to 46 outlets. Changes in the group's structure reflected exceptional losses of £1.4million and a fall in parts division profits accounted for £1.6million. In the first half, the company took a £600,000 'hit' on closure costs but anticipates annual savings in excess of £500,000.
Restructuring costs hit Quicks' profits
07/09/1999 in NEWS