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Profit jumps at Morse

Trading gets off to good start for 2000

Linda Harrison

Mon 6 Mar 2000 // 16:29 UTC

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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