Back to life
Article Abstract:
OMI International is an engineering firm which has boosted its profitability after shedding 150 jobs. The company has three divisions, optical lenses, environmental engineering and technical design. OMI has moved into niche markets in areas such as modeling software for automobile manufacturers. The company's clients include BMW. Stricter emission standards should also help the environmental engineering side. The company's profit is forecast at 1.8 million pounds sterling for 1997 to 1998 by Greig Middleton.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Breaking free from a chequered past
Article Abstract:
Fife Indmar is a petroleum and industrial-related distributor, and is also involved in engineering, accounting for a third of turnover. The company's activities tend to be low margin, but Fife has recovery potential. The company has shed loss-making activities following an attempt at a coup by stockholders. The electrical components side benefits from strong orders at the start of 1997. The company could achieve a profit of 1.7 million pounds sterling for 1997.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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