I think we all need to think our future roles in the company.
Business grew 12% last year with pre-tax profits of £1m.
At the moment we are suffering the high oil prices.
In order to cut costs we will have to place more orders Asian suppliers.
After entering pay negotiations, the company decided on a salary increase.
The increase cheap foreign imports has affected our bottom line.
We are too dependent local suppliers.
Net profit stands 2bn Euros.
The contract will run from April December.