Fleet News

Ellen Group profits soar

OFEX-listed credit hire and accident management operator The Ellen Group has reported pre-tax profits of £719,955 for the year to March 31 (1999: £124,364) on turnover of £6.41 million (1999: £2.8 million).

The company says it is committed to 'aggressive growth' and anticipates a turnover of more than £19 million and £27 million with pre-tax profits of more than £3 million and £5 million respectively in the next two years.

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