Sir Christopher Bland, chairman, told shareholders that "market conditions remain challenging, especially in Europe where the group's business has been affected by drivers' strikes in France and Spain. However, we still expect to make further progress during the year."
That did not placate some shareholders. One asked Sir Christopher: "When do you expect our share price to recover?" In reply, the chairman said: "I share your disappointment."
For the year to September 1996 NFC reported a pre-tax profit of pounds 105.2m, up from pounds 38.6m in the previous year.Reuse content