Research paying off as Pindar recovers

The Scarborough company, which also has a significant presence in electronic media, made a pre-tax loss of £1.9m for the year to September 30 on turnover of £58.6m. Comparative figures were not immediately available.

Andrew Pindar, chairman of the firm, said: “After three particularly tough years we are pleased to report further improvements to our underlying financial performance as we continue a path towards consistent group-wide profitability... We still have a lot of work to do to deliver on all the initiatives we have set ourselves, but our commitment to our tasks runs deep.”

The ink to internet firm, which has been involved in sailing sponsorship for more than 20 years, said it had won business after carrying out research into consumer behaviour.

“We live and work in a multichannel world where people want to buy online, using a catalogue or customer magazine, in a store or using a mobile device.

“We anticipated the market needs, identified trends and invested in key products and services to be able to provide the channels to help our customers communicate with their customers.”

It also said it had benefited from working with consultants at KPMG “to bring perspective and challenge”. Family-owned Pindar was founded in 1836 and today has 523 staff. It appointed Andrew Holmes as group chief executive last year.