| The Channel Islands' largest private-sector employer has announced its pre-tax profits have gone up by more than 30%. CI Traders' pre-tax profits for 2004 increased by more than �3m to �14.8m. The company said they had risen because of a drop in spending and despite falls in profits in its French businesses. The CI Traders group includes Le Riche supermarkets and the Marks & Spencer franchise in Jersey, as well as other businesses in the UK and France. Group Chairman Tom Scott said he was hopeful of healthy returns on shareholders' dividends.
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