Great leap forward for Teddies

Bupa-owned Teddies Nurseries Limited has reported a fivefold increase in operating profit for the year to 31 December 2007. Turnover grew 7.8% from £15.67m to £16.9m and although costs of sales and administration rose significantly, operating profit increased dramatically from £116,575 at the end of 2006 to £616,163 this time around.There was no benefit this…