Recovery process
Article Abstract:
Apollo Metals is a distributor of metal products such as aluminum to aerospace, telecoms and other companies. BAe is Apollo's biggest customer. Apollo may need an acquisition if it is to penetrate the US market. Aluminum prices only have a limited impact on Apollo since it purchases specialist materials with limited amounts and has good relations with suppliers. The company's profit is forecast at 4.3 million pounds sterling for 1996 to 1997 by Albert E Sharp.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Faber Prest
Article Abstract:
Faber Prest is a UK steel company which converts steel slag and distributes steel products. The company is affected by destocking in the UK steel industry. Half the company's sales are linked to steel volumes, and this is vulnerable to destocking, which should end by Feb 1996. The other half are from contracts from 12 months to 14 years. The company's profit for 1995 to 1996 could rise to 8.5 million pounds sterling, according to NatWest.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Set to fly
Article Abstract:
Apollo Metals depends on aerospace clients for half of its revenues, with Airbus as the most important client from the sector. Airbus has been less affected than Boeing by a decline in production after 2000. Apollo has moved into titanium supply with the acquisition of Bunting, and is the biggest independent distributor of titanium in the UK. The company could achieve a profit of 7 million pounds sterling in 1999.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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