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Headline

Shoosmiths posts massive profit hike despite falling turnover

Comment

"Turnover has continued to fall." I've always thought that well-run firms should be able to weather the credit crunch storm and I imagine that all the redundancies and reduced pay/hours at Shoosmiths are just a temporary fix for a much wider problem. The Equity Partners should enjoy their 69.5% "windfall" while it lasts and the minions should brace themselves for more bad news in the future.

Posted date

14-Jul-2010

Posted time

4:22 pm

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