Pilkington
Article Abstract:
Pilkington aims to cut costs througha 155 pounds sterling restructuring effort. The company has faced a drop in demand for glass from the construction industry in mainland Europe and has shed 2,000 jobs over 18 months. The German construction industry is starting to recover as is the UK residential real estate market. US demand has been healthy and the company's operating profit has increased in the 6 moths to Sep 1996. The company's profit is forecast at 190 million pounds sterling for the full year, rising to 240 million pounds for 1998.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Pilkington
Article Abstract:
Pilkington's stock price should be helped by a recovery plan which Paolo Scaroni, the new chief executive, plans to implement. The company plans to shed 2,000 jobs from its glass production operations. The glass is sold for automotive and building products, and the building products have caused problems for the company. The company will shut down a number of outlets and focus on profitable areas like coating and laminating, shedding a further 4,000 jobs.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Zytronic
Article Abstract:
Zytronic should benefit from growth in the telecom and gaming markets, and from its touchscreen technology, which should boost profits from 2000, though the company's new products are not guaranteed to achieve commercialization.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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