Williams reports increased profits

Williams may have endured its worst ever season in Formula 1 last year, but the company has reported an increase in profits. The Grove-based outfit announced on Friday its Group results for the year ended December 31, 2011 - and it reported a lift in both turnover and profits. Turnover of its F1 related activities has increased from �90.8 to �102.3 million, with the figure for the whole Group going from �91 million in 2010 to �104.5 million last year

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