The Ince Group narrowly missed its top line target of £100 million for the 2019/20 financial year, in the firm’s first full-year results following the pre-pack acquisition of Ince & Co by listed firm Gordon Dadds.
In its latest results, the AIM-listed firm details revenue growth of 87% to £98.5 million, while operating profits swelled 72% to hit £26.2 million, according to an announcement on the London Stock Exchange, anchored largely in the acquisition of Ince & Co. However, organic growth alone accounted for a much more modest 5% rise, the statement added.
