THE troubled Silentnight beds to furniture group has announced losses of £11.2 million for 2002 compared with a £12 million profit the previous year.
The Salterforth-based company blamed the losses on its furniture division and confirmed it would close factories at Andover, Chipping Norton and Edmonton.
Sales at the UK bed division, which includes the Silentnight factory at Barnoldswick, climbed four per cent to £168, but operating profits dipped slightly to £15.5million amid an increasingly competitive market.
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