Profits at Cavanagh plunge by 87%

Pow, Helen
June 2009
Money Marketing;6/4/2009, p11
The article reports on the financial performance of Cavanagh Group PLC in Great Britain in 2008. The company has recorded a decline in profits by 87 per cent to £207,763 from £1.5 million during the year while the revenue received by its financial advisers fell to £233,000. It reveals that the condition was brought by the impact of the economic crisis, however, it anticipates to generate a growth in profits by 2009.


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