Sinks rise again
Article Abstract:
Spring Ram shares could represent an opportunity for investors following a sharp drop in their price. The UK housing market is improving which should boost demand for Spring Ram's products such as kitchens and bathrooms. The company reported a loss of 43.6 million pounds sterling in 1995, and this loss fell to some 6.5 million pounds for 1996. Poorly performing peripheral acitivities have been disposed of, including Crosby Doors. The company is also likely to sell Stag Furniture. Costs have been reduced. The company's profit is forecast at 5 million pounds for 1997, rising to 15 millionpounds for 1998.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Berisford
Article Abstract:
Berisford is a UK supplier of kitchens and cooking equipment which includes Welbilt and Magnet. The company forecasts a 6% growth rate in the US market for both 1995 and 1996, and clients there include Pizza Hut and Burger King. The company has also aquired Magnet in the UK. Magnet has been affected by problems in the housing market and has seen a rise in sales if the closure of stores is taken into account. Berisford could achieve a profit of 36 million pounds sterling for 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Berisford
Article Abstract:
Berisford saw a rise in its share price after announcing a possible bid with its results for 1995 to 1996. the company's pre-tax profit is forecast at some 31 million pounds sterling for 1996 to 1997 by Panmure Gordon. The company has faced problems in installing a computer system for its US operations costing 2.6 million pounds sterling, and a further 3.5 million pounds costs arose from a strike at Berisford's Magnet kitchen plant at Darlington, England.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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