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Goffs annual profits up by 81%

Pre-tax profits at bloodstock and financial services group Goffs increased by 81% to £1.9m in the year to the end of March. Earnings per share grew by 93% to 2.89p.

The company reported record turnover at the Orby and Challenge sales, with the total coming in at over £39m. Turnover in the November Foal and Breeding Stock sale rose by 31%.

The company said there was an 8% year-on-year rise in its first sale of this year, the June Land Rover sale.