Kwik-Fit slide Kwi k - F it's pre-tax profits have dropped by
8th April 1993, Page 88
8th April 1993
Page 88
Page 88, 8th April 1993
— Kwik-Fit slide Kwi k
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F it's pre-tax profits have dropped by
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17.1m to £31.1m with tyre sales down 10% and turnover down by £20m to £233.6m compared with last year. Kwik-Fit chairman and chief executive Tom Farmer blames the fall on squeezed margins and motorists switching to cheaper brands or remoulds.