Cortworth: over the meter
Article Abstract:
Cortworth produces parts for cars and aircraft, and has carried out a flotation which has eliminated the company's debts and made an acquisition possible. Orders for aircraft are improving, and the company also has new orders for its car parts business from Rolls Royce and Jaguar. The company's gas meter repair business is performing well and should benefit from export orders after work carried out for British Gas.The company's profit is forecast at 10 million pounds sterling for 1996 by James Capel.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Britax
Article Abstract:
Britax International produces automotive accessories and aircraft interiors and has strong fundamentals, while the company's management aims to boost earnings growth. These positive points should help to offset the cyclical bature of the industry and the risk of a downturn. The company focuses on specialist areas such as child car safety seats, where it has a strong position. The company is considering investments in Brazil and South Korea, and is also likely to cut costs in an aggressive way.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Automotive Precision: knock for knock
Article Abstract:
Automotive Precision issued a profit warning following problems with defective parts, but the problem was tackled speedily and customers have been retained. The company's share price dropped but the extent of the fall may be an overreaction. New product development should pay off through helping sales grow more rapidly than the car market as a whole. The company's profit is not expected to rise in 1996 but should perform better in 1997.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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