Coronavirus

Briscoe Group sales slashed by level 4 lockdown

Rebecca Howard
Fri, 01 May 2020

The covid-19 level 4 lockdown slashed Briscoe Group's quarterly sales by more than a third, despite a doubling of the firm's online trading. Managing director Rod Duke said that up to March 24, just before the level 4 lockdown took effect, group sales had been 4.2 percent higher than the equivalent days a year earlier. The impact of the lockdown, which started at 11:59pm on March 25,  was "significant,” with sales for the quarter ended April 26 falling to $97 million, 35.6 percent lower than the $150.6 million achieved in the same period...

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