Glossy future
Article Abstract:
Holmes and Marchant provides marketing services, and its clients include major companies such as Glaxo Wellcome and Bass. The company's stock price has risen since 1996 when it had dropped to a low level. The company has high levels of debt which it is seeking to repay. Real estate disposals have helped the company reduce its debt level, and underlying profits have risen in the six months to Mar 1998. The company's profit is forecast at 1.1 million pounds sterling for 1997 to 1998, rising to 1.5 million for the following year.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Firecrest: one hot coals
Article Abstract:
Firecrest is a UK advertising and marketing concern which saw a rise in its share price in 1995 following the acquisition of a stake in an Internet concern. The company has since seen a drop in its share price as the popularity of Internet-related stocks has waned. The company relies on marketing services for its income, and has also launched an Internet directory called GOD, which will contribute income from advertising, and should help boost the company's profits strongly from 1997
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Holmes and Marchant: clawing back
Article Abstract:
Holmes and Marchant (HM) is a marketing services group which has reduced its debt to 8.4 million pounds sterling from 13 million pounds in 1991. The company plans to sell two properties before Mar 1998 and raise some 3 million pounds sterling from this sale. The company has a 4.8% stake held by NatWest, taken in exchange for interest payments due. The company's sales are rising by some 2.8% and costs are controlled, so HM's prospects are improving.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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