Lucas Industries
Article Abstract:
Lucas Industries is facing increasing costs of raw materials and reluctance of customers to pay higher prices. The automobile industry accounts for 75% of the group's sales and the group has increased margins to 5.6% from 3.2% in this activity. Sales are rising but increased investment will be needed prior to the start of a contract for Volkswagen in 1997. Recovery in aerospace activities is not forecast until 1996. The group's profit for 1994-1995 is forecast at 130 million pounds sterling by Albert E. Sharp.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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TI Group
Article Abstract:
TI Group saw a rise in pre-tax profit and sales for 1st half 1995 and the company is likely to have funds to make an acquisition or increase dividends. Markets in North America appear to be weakening but this is likely to take place gradually, and TI has cushioned by its involvement in big car programs. European markets are strengthening and margins have increased by 1%. A profit of 180 million pounds sterling is forecast for full-year 1995 by Williams de Broe.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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BSG International
Article Abstract:
BSG International has been restructuring and much has been achived by Richard Marton, chief executive since 1993. The lighting operation has been merged into a JV with Koito, a headlamp producer from Japan. The car-mirrors business has secured new contracts, as has the aircraft interiors business. The motor distribution business has been strengthened and will be sold or floated. A diposal would allow a clearer focus for the remaining activities.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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