Wagon
Article Abstract:
Wagon is expanding in mainland Europe and is purchasing new technology for making motor vehicles. The company's earnings are likely to be affected by Rover's results in 1999, but an improvement is expected thereafter. The company acquired Ymos in 1998, gaining a stake of 40% in the market for modular doors. A stake in Aries has also brought exposure to body structures, which is a strong market. The company's automotive sales could rise to 330 million pounds sterling from 204 million pounds in 1998.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Setting its sights on further buys
Article Abstract:
Eliza Tinsley produces parts for off-highway vehicles and plans to expand. One way to do this without gearing being unduly affected is to sell non-core operations. The company has close ties with vehicle producers and is benefiting from a move toward outsourcing by these producers. The company has increased its range through acquisitions. Tinsley's profit is forecast at some 4.8 million pounds sterling for 1999 by brokers, with solid growth forecast for 2000.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Sitting comfortably
Article Abstract:
Bostrom produces seats for vehicles and has developed a profitable niche. The company has increased a holding in NSC, a firm based in the US which supplies seats for heavy trucks. KAB, part of Bostrom, may rank first in the world market for seats for construction machinery. The company looks set to achieve organic growth. Bostrom should see a slight rise in profit to 7.8 million pounds sterling for 1999, according to the stockbroker Capel Cure Sharp.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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