Premier Farnell
Article Abstract:
Farnell finalised the acquisition of Premier in April 1996, and the deal has not affected Premier Farnell's results for 1995 to 1996. Most of the cost of the acquisition will appear in the results for 1996 to 1997. Conditions were difficult in the UK market in 1995 and volume growth in mainland Europe in 1996 has not been as high as expected. The acquisition of Premier may have helped the company through a refocusing on catalog sales. The company's profit is forecast at 157.5 million pounds sterling for 1996 by Merrill Lynch, increasing to 222 million pounds.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Abacus adds up
Article Abstract:
Abacus is a UK company which distributes electronic components. The company should benefit from growth in the market for semiconductors since some 67% of Abacus' sales are accounted for by semiconductors. The company offers a personal service and has gained new clients. Abacus has performed well in the early 1990s recession and has established a base in Europe through the acquisition of Promax, a Danish company, in Nov 1994. The company's shares are recommended for investors in Aug 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Abacus: a stock to count on
Article Abstract:
Abacus is a distributor of electronic components which is benefiting from an increase in demand for these products. The company uses supplies from abroad and from franchised manufacturers and offers a wide range. Polar was acquired for 36 million pounds sterling in Nov 1995, and fits well with Abacus' business. The company plans to expand in the European market and has opened an office in Germany, while Promax, a Scandinavian acquisition, is performing extremely well.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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