ERF: roadblock ahead
Article Abstract:
ERF holds a stake of more than 9% in the UK Market for heavy trucks and aims to expand elsewhere in Europe. The company faces an apparent slowing down of groth in the UK and could face fierce competition in Europe. ERF expects its investment in mainland Europe to bear fruit some two years from 1995. The UK accounts for 83% of total sales of the ERF group. ERF's profit is forecast at 3.2 million pounds sterling for 1995 by NatWest. Investors are recommended to sel shares in this company in Sep 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Scania drives to flotation
Article Abstract:
Scania plans a flotation and will be spun off from Investor, and listed in Stockholm, Sweden, and New York. Investor is a holding company which acquired Scania when it produced aircraft, cars and trucks, in 1991. Saab has been hived off. Scania could be worth some 30 billion Swedish krona. Scania is performing well and is likely to be seen as a high quality stock. There are no comparable companies in the European market specializing in trucks.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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