By Ian Jones, 23 November 2001 09:25
NEWS Redstone has reported a 12 per cent increase in revenues in the six months to 30 September, just four months after it was staring liquidation in the face. The firm had suffered a funding crisis, but a £25m emergency rescue plan from a group of the firm's shareholders pulled the company back from the brink. With Ian Brown replacing Graham Cove as chief executive, the company now appears to have turned the corner. The company has also added two new networking contracts to its order books.
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