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Sales flat at The Consortium

publication date: Mar 2, 2008
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author/source: Ed Tranham
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The 12 months to 30 September 2007 showed no top line growth for The Consortium, the Trowbridge-based education supplies company. Sales remained almost static at £40m but pre tax profits were up by more than £1m to £2.02m as the company squeezed margins. Education, The Consortium’s core business, has been a difficult sector for the company as it faces increased competition from other suppliers. Sales in the secondary sector were down 4% in 2007 and BSF has adversely impacted on revenues as bidders use different suppliers for furniture. To address this problem The Consortium is engaged in conversations with the principal BSF bidders but as a non-manufacturer we expect this could be an uphill task for the company. An Early Years catalogue was launched in June 2007 and it will be interesting to see if this has any impact on sales this year in what is a crowded market segment.

www.theconsortium.co.uk


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