Turnover and profits dip at CJ Lang

CJ Lang & Son, the Scottish Spar wholesaler and convenience store operator, has posted a slight dip in turnover and profits for its latest financial year.

The Dundee-based group generated revenues of £194.6m during the year to April 2016, down from £196.1m the previous year.

Profits before tax dipped to £914,000 against £1.2m.

During the year the company employed an average of 1,726 people within Spar Scotland (the largest symbol group north of the border, with more than 300 stores across the country). Its remaining 343 employees work in wholesale management and distribution.

The business, which was founded in 1919, is ultimately controlled by group chair Joan Scott-Adie. It is one of Scotland’s largest independent family-owned companies.

The company distributed dividends of £560,000 for the year, identical to the previous year’s pay-out. Its highest-paid director received £652,000 in remuneration, up from £600,000 in 2015.

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