SHORT Bros, a supplier of operated plant to the steel industry, has posted a 15 per cent rise in turnover to £56.4 million in the year to June 30 2004.
But the accounts, recently filed at Companies House, show that pre-tax profit at the firm dropped 10 per cent to £3.57 million.
This was due primarily to having to pay a higher wage bill, particularly as it took on more operators to meet the increased workload.
Short Bros now boasts a workforce of 519 operators, up from 447 last year.
The company is owned by Australian industrialist Brambles Industries,