Rail supplier goes back on track
Article Abstract:
LPA produces specialist electrical components like electrical connectors and switchgear, and the company is benefiting from strong demand in from railroad companies carrying out refurbishments. The groups was restructured following the appointment of Peter Pollock as chief executive in 1997, and orders and pre-tax profits have increased. Some 27 billion pounds sterling is to be invested in London Undergound and the Channel Tunnel, and this should ensure work for LPA. The company also benefits from overseas demand.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Arlen: third time around
Article Abstract:
Arlen is a UK producer of electrical products, such as switches and sockets. The company also produces heat sinks, mainly for Toshiba. The company's new management and chairman, Grenville Howard, have attractions for investors due to past performance. Arlen reported a pre-tax profit of 1.2 million pounds sterling for the 6 months to Sep 1994. Arlen aims to expand through acquisition, though at a restrained pace. Arlen's shares are recommended for UK investors in Jan 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Arlen: shell that suits
Article Abstract:
Arlen has seen a rise in its share price and Greville Howard, the company's chairman, has a good track record in terms of acquisitions. The company has yet to make an acquisition but has achieved organic growth. Arlen Electrical produces and distributes household appliances using the BG brand and should benefit from a recovery in the UK housing market. Profits rose in 1995 despite a drop in sales. The company has funds for acquisitions and is attractive for investors.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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