Mayflower
Article Abstract:
Mayflower supplies Rover, so has been affected by Rover's problems. The heavy truck market in the US and Europe is also causing concern. Westlb Panmure and SG Securities rate the company's stocks a buy, and Merrill Lynch rates them 'accumulate'.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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Mayflower
Article Abstract:
Mayflower is a UK producer of parts for buses and motors. The company's bus division, the recently acquired Walter Alexander, reported a profit of 1.16 million pounds sterling for the last third of 1995. Demand for buses in increasing in the Far East and UK, though reorganization is needed, according to John Simpson, chief executive. IAD, the automobile design business, saw a rise in profit for 1995. Mayflower's profit is forecast at 20.5 million pounds sterling for 1996 and 25.5 million pounds in 1997 by ABN-AMRO Hoare Govett.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Laird
Article Abstract:
Laird is affected by developments in the European automobile industry since the company produces doors and seals for cars for this market. Strikes and a drop in production in France affected Laird's results for 2nd half 1995. Laird aims to increase business from non-automotive operations like computer assembly which represent 40% of profits. Laird has acquired CEGO, which makes handles for windows and doors, from Norcros for 40 million pounds sterling.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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