Montpeliers Profits “Ahead of Expectations”
Montpeliers, the Edinburgh-based, award winning leisure group, has reported pre-tax profits of £1.44m for the year to April 2014 on £15.44m in sales. The results according to the group were “ahead of expectations”.
Its Indigo Yard and Montpeliers outlets which were refurbished during the year to offer more of a craft experience have both traded beyond, its “most optimistic expectations”. The group also reduced its net debt by £1.1m during the year, from £7.08m to £5.98m.