Cantors grapples with uncomfortable times

Article Abstract:

Cantors retails furniture, beds and carpets, and the company has given a warning that a loss will be incurred for the first half of 1995 to 1996. Furniture sales have been affected by a recession in the housing market, and stock levels have built up. The company has developed out-of-town stores which are performing well, and has a freehold real estate portfolio which has a higher market value than is in the company's balance sheet. Cantors is likely to see an improvement from 1996 to 1997.

Furniture Stores, Cantors PLC

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Aiming for a higher profile

Article Abstract:

Black Arrow supplies office furniture and has improved its results for four consecutive years. The company's profits rose in 1997, mainly due to an increased focus on its own products. A new furniture range will be launched in 1998 which the company hopes will help increase its market share. The company has performed well due to efficient product and innovative design. A 57% stake in Black Arrow is owned by the Edward family. The company benefits from a balance sheet that is cash rich.

Office Furniture, Office Furniture (including Fixtures) Manufacturing, Black Arrow Group PLC

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Comfier furniture

Article Abstract:

Airsprung Furniture is planning to focus its business on bed manufacture. The company still produces three piece suites and faces difficult conditions in this market. The bed business is an efficient cash generator. The company could achieve a profit of 5 million pounds sterling to 6.7 million pounds in 1998 according to analysts' forecasts.

United Kingdom, Household and Institutional Furniture Manufacturing, Household Furniture, Household Furniture & Bedding, Airsprung Furniture Group PLC

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