Financial

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The CP Holdings Group continues to operate on an international basis and encompasses a wide range of activities, generating turnover in the order of £400m and profit before interest and tax of £16m at the end of 2010. With net assets of £345m, the company continues to maintain its healthy balance sheet position.

Group policy is to further expand its activities within the Hotels and Serviced Office Divisions, with further plans to increase its development activities through Waystone.