Profits growth in the pipeline
Article Abstract:
Polypipe PLC reported profits up by 11% in the last half 1991 and turnover increased by 35%. The plastic drainage, windows and furniture maker claims its success is due to prudent financial management and carefully selected acquisitions. However, the company is secretive about the performance of individual products. Founded in 1981, Polypipe has grown through acquisitions and plans to buy into the continental European market. Its strategy depends on product development and speedy supply of orders.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1992
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Acquisitive Try keeps on buying
Article Abstract:
Try Group is using the proceeds of its conservative past to fund an aggressive acquisition policy. The construction company's prudent management during the 1980s left it with 1.4 million pounds sterling in hand in 1991. The company has been acquiring house building and construction companies throughout 1991 and 92 and plans more. Although Try's main construction division is suffering due to the recession, the company is confident and expects the housing market to improve.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1992
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