Burdens increases sales and forecasts continuing growth
Published: 12 March, 2012
BRISTOL: Burdens chief executive officer Jeremy Burden has announced that the company has, over the past few years, increased its turnover and logistics capabilities by 100% and is on target to achieve 15% rise in sales in the current financial year.
Commented Mr Burden: “This performance, during what many observers believe is the most severe recession the industry has experienced, is a remarkable achievement. We are anticipating further growth and to realise our corporate objectives we have, through investment company a2e Venture Catalysts and with advisers PwC, Deloitte and Hogan Lovells, refinanced our UK core business working capital.
“Our intention was to establish a relationship with funding partners who would understand our unique business model and we believe with the support of GE Capital, Lloyds Banking Group and Co-op Bank we can take the company to the next stage of its development.”