Breaking chains of the past
Article Abstract:
Eliza Tinsley has moved into components for off-road vehicles through acquisitions such as Smithson and Evenwood. Producers of such vehicles are increasingly outsourcing, and Eliza Tinsley is in a good position to benefit from this trend. This should help boost sales for the company even if the market for off-road vehicles contracts. The company has reduced costs in its traditional activity of distributing hardware and chains. The company's profit is forecast at 2.9 million pounds sterling for 1997 to 1998 by Albert E Sharp.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Quiligotti trips up yet again
Article Abstract:
Quiligotti produces floor tiles, and is closing two divisions, Chelsea Artisans and Quiligotti Industrial Flooring. The company has warned that there will be a pre-tax loss for the year to Mar 1996, which should not be above 700,000 pounds sterling. Borrowing facilities have been negotiated to cover the costs of the closures, and this is cause for concern. David Scott, the company's managing director, emphasizes the profitable performance of Microfloor, terrazzo contracting, and terrazzo production.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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