Roadside assistance firm AA has blamed hefty investments in improving the business for a dramatic decline in profit. Roadside assistance firm AA has blamed hefty investments in improving the business for a dramatic decline in profit. AA profits tumble on cost of investments in performanceProfit before tax came to £53 million for the year to January, compared with £141 a year earlier. Chief executive Simon Breakwell said the reduction in profits was down to a strategic investment in the group’s long-term prospects. But AA said its major contract deals with businesses helped to offset sliding individual sign-ups.

Source: Irish Independent April 03, 2019 07:07 UTC