Latest news

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

In this section

News archive

Sign up to our newsletter:

Twitter @investinfife

Loading