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Fife timber firm James Donaldson & Sons sees profits rise and market improving

A Fife timber specialist that can trace its roots back more than 150 years has defied difficult conditions in the construction sector to post an increase in pre-tax profits.

Markinch-based James Donaldson & Sons Ltd, one of the UK’s largest wood processors, saw pre-tax profits rise by 8.4% to £2.2 million in the year to March 31, £177,000 ahead of the 2012 figure, while revenues stayed almost flat at £105.37m.

The company, which is in its 153rd year in operation and remains an independent family concern, said in its latest set of accounts that it had been a “steady trading” year and the business was well placed to achieve another satisfactory performance in the year ahead.

Read the full story in the Courier here

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