Neepsend: nine lives
Article Abstract:
Neepsend is a UK toolmaker and engineering firm. The company saw a recovery in profit for 1994, and looks set to enjoy continued growth. Neepsend's businesses include plastic injection tooling and plastic injection mouldings. The company could gain some 2 million pounds sterling from a real estate deal with Tesco which acquired a site from Neepsend in 1994. The windfall will be gained if Tesco is allowed to open a retail outlet on this site. Neepsend shares are recommended for investors in Jul 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Mackie looks forward to a liquid future
Article Abstract:
Mackie International is a UK precision engineering firm which carried out a flotation in 1994. The company should achieve a pre-tax profit of 3.3 million pounds sterling for 1995. Textile machinery accounts for a large part of the company's profits though Mackie is also involved in water treatment machinery and owns a foundry. The company competes with Russian and Chinese firms and is subject to business cycles. Water treatment is being developed in order to spread risks.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Eadie needs to smooth its rocky road
Article Abstract:
Eadie is a UK engineering concern which forecasts a rise in profit to 2.7 million pounds sterling for 1995, rising to 3.3 million pounds for 1996. The company suffered a drop in operating profit in 1994 and there were problems with warehousing and distribution. There was a drop in sales for manual wheelchairs and this was not offset by the company's powered wheelchairs. The company's transport division saw a rise in profit, as did its small wire division.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Comment about this article or add new information about this topic:
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