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Profit edges lower

Fishers Laundry committed to innovation

Fishers

Michael Jones: need to innovate


Profits edged lower at Fishers Laundry Group as a result of pricing pressure and investment in the business.

The company, based in Cupar, said 2016 profit before interest and tax and exceptional items came in at £2.2 million (2015: £2.4m) on turnover of £36.1m  (2015: £34.9m). 

Michael Jones, managing director, said: “We recognise that to maintain our position as market leader in Scotland, we must continue to innovate and invest and we are committed to doing so.

“Competitive pricing pressure remains a feature of the UK commercial laundry sector.”

The company was established in 1900 and now cleans, irons and delivers more than two million items a week from seven sites in Scotland and the North of England.

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