David Brown
Article Abstract:
David Brown acquired four gear-making concerns in May 1995 for 14 million pounds sterling. The company's acquisitions contributed a profit of 1.4 million pounds for 1995 to 1996, though restructuring costs eliminated much of this. The mobile equipment division has made progress helped by new products and strength from foreign markets. Customer delays affected the pumps unit in early 1995, and delivery timing will be important in 1996 to 1997. The group aims to invest in establishing itself in new markets. David Brown's profit is forecast at 17.8 million pounds sterling for 1996 by BZW, which forecasts a further rise to 20 million pounds for 1997.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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European growth
Article Abstract:
Styltone produces road tanker pumps used by petroleum companies. The company has been affected by concern about the Far East and currencies, but has a strong underlying trading position. The company benefits from strong demand in the United Kingdom, and the German and Spanish markets are improving. The North American market could be nearing a peak. The company's profit is likely to drop slightly, excluding exceptionals in 1997, but should rise to 7.25 million pounds sterling in 1998, with the inclusion of Perolo, a planned French acquisition.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Kidde
Article Abstract:
Kidde is carrying out a program to reduce costs, and this will mean initial charges, though the company is seeing a growth in sales and others for the initial four months of 2001.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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