Building on a strong structure
Article Abstract:
Wescol has increased its capacity through the purchase of Glosford, and the company ranks among the biggest three in the United Kingdom market. There are opportunities for efficiency improvements despite a rise in profit and turnover. The company invested almost 4 million pounds sterling in 1997, with its Brierley Hill plant accounting for most of the investment. The company has increased its market share through taking share from smaller firms. Wescol could achieve a profit of over 5 million pounds sterling in 1998.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Wescol: alive and kicking
Article Abstract:
Wescol is a UK structural steel company which should benefit from an increase in demand for structural steel in 1996, estimated at almost 5%. The market underwent a severe recession following a peak in 1989 and the company is one of seven major survivors. Wescol is increasing exports which should give protection if UK demand weakens. Wescol's cellular beam producer, Westok, is performing well. The company's shares are recommended for investors in Jan 1996.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Wescol: alive and kicking
Article Abstract:
Wescol's profit looks set to rise despite a crisis in the construction industry. The company was affected by bad debts in 1990 and debt was converted into shares by Lloyds Bank in 1993. The company also raised 1.9 million pounds sterling through a rights issue and has invested in its factory. The company's profit is forecast at 650,000 pounds sterling for 1994-1995 and Wescol shares are recommended for investors in Aug 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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