Cullens treading water

Wednesday 08 November 1995 19:02 EST

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Cullens treading water

Cullens Holdings, the convenience store group that abandoned a disastrous foray into fast food outlets last year, has reported little progress in the first half. Pre-tax profits for the six months to September increased from pounds 114,000 to pounds 129,000. However, operating profits declined by 14 per cent to pounds 142,000.There is no dividend.

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