Market report: Taking Stock
Saturday 04 April 1998
LINGERIE and knitwear group Martin International gained 2p to 43p after reporting pre-tax profits almost doubled at pounds 2.42m on sales up 10 per cent at pounds 122m. The group supplies Marks & Spencer as well as a large number of international clients. Chairman Michael Kidd expects "further progress in 1998". House broker Beeson Gregory forecasts profits of pounds 3.2m, rising to pounds 4m in 1999.
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