Floral Street reaches a development crossroad

Article Abstract:

Floral Street supplies promotional material and graphics equipment and carried out three acquisitions in 1996. The acquisitions added 66,000 pounds sterling to profit for 1995 to 1996 and should bring in 8 million pounds additional sales in 1997. The company's sales rose by 38% at 18.5 million pounds in 1996but pre-tax profit was down by 9% at 496,000 pounds. Floral Street needs to reduce its debt and improve operating margins. CJ Graphics which supplies the media and advertising industries, is to increase its contributionto dales and profit to some 67% in 1997 compared with some 50% in 1996.

Misc. Nondurable Goods, Wholesalers NEC, Miscellaneous Nondurable Goods Wholesalers, Wholesale trade, Displays (Marketing), Floral Street

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Overlooked outsourcer

Article Abstract:

Salehurst is a paper distributor specialising in supplying publishers of periodicals. Demand from periodical publishers is strong because periodicals are using more paper for each journal. Publishers are outsourcing paper supply using Salehurst, which uses just-in-time methods. Salehurst has benefited from strong customer loyalty and this is reinforced by its software system which is provided to major clients. The company's profit is forecast at 2.25 million pounds sterling for 1997 by Rowan Dartington.

Paper products industry, Salehurst

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Photobition

Article Abstract:

Photobition supplies services for display and graphics companies and has reported strong growth in earnings and sales. The company has acquired Katz Digital, a New York firm which should help it boost its earnings. The company also has a film busines with clients that include Warne Brothers and Walt Disney. Photobition's order books are increasing, and acquisitions will bring benefits.

United States, Printing Machinery and Equipment Manufacturing, Printing trades machinery, Graphic Arts Equip NEC, Printing machinery industry, Graphic arts equipment, Photobition Group

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