Switched on
Article Abstract:
GET supplies electrical accessories and has moved away from cable sales into electrical accessories. The company's stock price has been low which has made it difficult to carry out acquisitions, but this is changing as the company's finances improve. GET should receive compensation for a computer system which did not perform well. The company focuses on value-for-money products which should provide some protection in a recession, as should new products.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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How Get got over flex price war
Article Abstract:
Get was floated in Feb 1995 and was then hit by intense price competition in the market for flexes and cables. The company issued a profit warning and was also affected by problems as a key customer, Wickes. Get has diversifed away from cables into higher-margin products. The United Kingdom housing market recovery should help the company. Get's profit for 1996 to 1997 is forecast at 1.8 million pounds sterling by Butterfield Securities.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Arcoelectric: a good job well done
Article Abstract:
Arcoelectric produces neon lights and switches for washing machines and computers. The company has strong links with Far Eastern computer manufacturers and also has an agreement to supply switches to Compaq. Other clients include Goblin, International Business Machines, and Hotpoint. The company has reduced stock levels and boosted gross margins. A full-year profit of 1.1 million pound sterling for 1995 is forecast by Charles Stanley.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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