Graham margin slips as turnover tops £1bn

Graham Group passed the £1bn turnover milestone last year after a 15% jump in sales.
But rising cost pressures saw pre-tax profit slide 20% to £15.1m, representing a fall in group margin from around 2% to 1.3% in the year to March 2023.
Andrew Bill, Graham Group chief executive officer, said that profitability has been impacted by well-publicised inflationary pressures facing the wider economy.“We are very pleased with these latest published accounts, which demonstrate a strong