Campbell and Armstrong: better times ahead

Article Abstract:

Campbell and Armstrong is a UK company specializing in shopfitting, and has ben awarded a number of major contracts. The company saw a rise in turnover of 50% for 1st half 1995 but margins have been affected by competition and a rise in the cost of raw materials. Some competitors have withdrawn from the market, which should help the company. Concern over debt has led to a drop in the company's share price, and losses of 1.5 million pounds sterling are forecast for 1995. The debt should be reduced and the company's share price should recover.

Institutional Furniture Manufacturing, GENERAL BUILDING CONTRACTORS, Furniture and fixtures, not elsewhere classified, Modernization & Repairs, Shop Cabinets, Factories, Cabinets, Building renovation

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Campbell and Armstrong: crisis for shopfitters

Article Abstract:

Campbell and Armstrong is operating in the tough market of shopfitting in the UK. The company carried out a swap of debt in exchange for equity worth 3.03 million pounds sterling in Oct 1996, in addition to fund raising of 2.77 million pounds. The company's financial problems have led to some lossof orders and other orders have been delayed. This has affected the company's trading performance in the half year to Jul 1996, and recovery could be difficult in this tough market.

Showcase, Partition, Shelving, and Locker Manufacturing, Partitions and fixtures, except wood, Commercial Metal Fixtures, Furniture industry, Metal fixtures

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Eve: contract killing

Article Abstract:

Eve is a UK specialist contractor which has been affected by problems with the UK construction industry. The company has issued two profit warnings in May 1995 and Mar 1996. Comnpetition is intense and demand has dropped, with cost overruns leading to problems in the electrical contracting market. The division may be closed, and Eve is likely to report a loss for 1996. Eve should report a profit for 1997, and has been awarded contracts for its transmission division.

Contract Construction, Construction contracts, Eve Group PLC

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