Rexam
Article Abstract:
Rexam has undertaken a number of measures to improve performance since the appointment of Rolf Borgesson as chief executive. Underperforming businesses have been sold, the workforce has been reduced, excess capacity has been cut, and group operations have been reorganised. The packaging sector was hit by rises in raw material costs in 1995, and Rexam took measures to tackle this, such as using fewer materials. Raw material prices have since dropped, which also benefits the company.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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MY Holdings: growth package
Article Abstract:
MY Holdings is a packaging company specialising in food and pharmaceuticals. The company should benefit from a trend toward reducing supplier numbers which is resulting from mergers in the pharmaceutical industry. The drugs market in Europe is also predicted to grow at an annual level of 10% in the two years from 1996. The company has acquired Clarke Packaging and this adds to capacity in thermoforming. A contract from Tesco followed the acquisition.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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CA Coutts: selling point
Article Abstract:
CA Coutts places importance on innovation and design, which it sees as important in persuading customers to buy products. The company is family-managed and point of sale displays account for 40% of its sales. The packaging division includes Essex Corrugated which was acquired in 1994. The company is likely to perform well in second half 1996 and Coutts' profit is forecast at 1.5 million pounds sterling for full-year 1996 by Beeson Gregory.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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