Profit jumps at Morse

Trading gets off to good start for 2000

Morse Holdings saw profits jump 27 per cent for the six months ended 31 December 1999. The reseller recorded profit before tax and goodwill at £14.5 million, compared to £11.4 million the previous year. Sales rose 41 per cent to £203.1 million. The Middlesex-based company said trading had started well for 2000. ® Related stories: Morse profits leap like a salmon Morse hit by dodgy spelling Morse puts IPO on back burner

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