Findel turnaround plan pays off

Findel, the UK home shopping and education supplier showed signs it is on the path to recovery, after reporting a 3.8 per cent rise in half-year sales yesterday. The company, which began a turnaround plan three years ago, said that year-to-date sales are 4.6 per cent ahead of the prior year with a strong performance from their largest businesses, Express Gifts and Education Supplies. The company said the number of active customers grew by 8.3 per cent.