CHESHIRE cabling specialist Volex says rising revenues have helped it return to operating profitability.
The Warrington company, which held its AGM yesterday, said revenues had risen 14.8% in the 16 weeks to July 20, compared to the period last year.
Chairman Mike McTighe said the group had cut its debts and secured an extra £2m finance facility to give it added flexibility.
In March, Volex reported a full-year pre-tax profit of £1.7m, compared to £6.7m the previous year.
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