Proving it's just another business

Article Abstract:

British Island Airways (BIA) PLC Chmn Peter Villa asserts that cost consciousness, flexibility to respond to new situations, and thoughtful expansion of the core business can achieve profits for airlines. This is demonstrated by BIA's successful growth since its buyout in 1982, and its 1987 profit of almost two million pounds sterling. BIA is maintaining its core charter business, but will shortly commence its first scheduled service, to Sicily. BIA has also bid on five of the British Caledonia (BCal) scheduled routes divested because of requirements imposed on BCal's merger with British Airways. Villa feels the BCal routes are well tested and offer minimal risk. BIA is enlarging its fleet of eight BAC 1-11s with three McDonnell Douglas MD83s to address expansion needs.

Air transportation, nonscheduled, Airlines, Great Britain, company profile, Villa, Peter, British Island Airways Ltd.

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Keeping ahead on traditional beers

Article Abstract:

Finance Director Hugh Roberts has helped Adnams & Co PLC maintain its position as a brewer of traditional draught beers despite changing legal and consumer trends. Adnams has reported yearly improvements in turnover despite: consumer preferences for lagers; industry trends toward brewing conglomerates; and questions regarding the future of brewery-owned public houses. A steady increase in dividends since 1983 reflects the company's confidence in its other ventures including take-home beers, high-quality wines, and soft drinks.

Brewing industry, Breweries, Roberts, Hugh, Adnams and Company PLC

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A new record for the stock market

Article Abstract:

David Watson is the Group Financial Director for Record Holdings PLC, a hand-tool manufacturing company located in Sheffield, England. Record Holdings was purchased from a Swedish company in a management buyout in 1984. The company has rationalized its production processes and its product line. Record Holdings achieved a full listing on the London Stock Exchange in Oct 1987. Watson describes the role he has played in these events, and the company's expansion plans for the future.

United Kingdom, Case studies, Going public (Securities), Initial public offerings, Tool and die industry, Watson, David, Record Holdings PLC

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