Hewden Stuart: good times rollin' (performance of Hewden Stuart examined)
Article Abstract:
Hewden Stuart is a UK plant hire company which has benefited from an upturn for the sector, despite problems faced by the UK construction industry. The company should benefit from further growth in its market since construction firms would rather hire plant than buy it when they cannot easily make a profit. Two thirds of Hewden's sales are accounted for by hire operation outlets, while the remianing third is accounted for by merchandising, while has seen strong growth. Hewden Stuart's profit is estimated at some 33 million pounds sterling for 1995 and 44 million pounds for 1996.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Shorco: time to be contrary
Article Abstract:
Shorco is a UK company specialising in trench support systems and equipment for surveying. The company saw a rise in pre-tax profit to 313,000 pounds sterling for 1st half 1995 from 306,000 pounds, with a rise in sales to 5.7 million pounds from 4.2 million pounds. The company faces recession in the UK construction industry, and this will affect Lydney Containers, acquired in 1995. The company has scope for reducing costs, and Lydney is trading well. The company is likely to enjoy long-term growth.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Hewden Stuart
Article Abstract:
Hewden Stuart has lost its chief executive and issued a profit warning, but still represents a solid business. Charterhouse Securities and Schroder Salomon Smith Barney rate the company's stocks a hold, and Teather and Greenwood rate them an add.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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