ICI

Article Abstract:

ICI has seen a drop in its stock price and has been hit by the Asian economic crisis and the rise in value of pound sterling. The company's debt levels mean that its stock price could fall further. Debt levels hamper the company's investment plans. Disposals may be hampered by the Asian crisis, since Asia may offer more attractive bargains. ICI relies on the UK for only 23% of sales, so the company is particularly exposed to a strong pound sterling.

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Broken promises

Article Abstract:

The performance of ICI is examined following an announcement that the company's dividend would be decreased.

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Subjects list: Management, Chemicals, Chemical industry, Imperial Chemical Industries PLC
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