Canadian Pizza - not quite a dough-dough
Article Abstract:
Canadian Pizza was floated in 1993 and has since issued three profit warnings. The company has reduced its dividend, and takeover talks in 1995 did not result in any deal. A large company, accounting for over 20% of sales, switched its supplier, affecting the company's results in 1994 and 1995, but Canadian Pizza has since reduced its dependence on single clients, with none accounting for over 8% of sales. The company's sales also increased from 2nd half 1995.The company is seeking to boost exports, and is setting up alliances abroad.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Making full use of its distribution
Article Abstract:
John Lusty is a food distributor which is involved in seven areas including frozen foods. The company has been affected by an increase in losses for its Gifts division, and by a delay in the launch of two cereal products. Acquisitions are planned and the company aims for a significant expansion. John Lusty supplies catering companies as well as major supermarkets and can offer lower costs for warehousing and transportation. The company's profit is forecast at 2.3 million pounds sterling for 1999 by Collins Stewart.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Borthwicks overcomes the banana factor
Article Abstract:
Borthwicks has faced problems with the US Bureau of Alcohol, Tobacco and Firearms, in addition to losing a key chemist and formula from its subsidiary in Hong Kong. The company is performing well in other areas and the 1995 to 1996 results demonstrate a recovery. The company is well established and is efficient as a supplier with major food companies among its clients. The company's profit is forecast at 2.4 million pounds sterling for 1996 by Williams de Broe.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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