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AAF Industries: new dawn

Article Abstract:

AAF Industries acquired Premier, which makes modular buildings, in 1989, and this led to problems due to Premier's losses. AAF Industries reported a loss for 1995, but the company returned to profit in 2nd half 1995, prior to exceptionals, mainly relating to Stamford Pickard. The company is left with two businesses, Premier Transline, involved in hire and production of pre-fab cabins, and Formscaff, involved in scaffolding. The cabin side is improving, but the scaffolding market is more difficult. The company's shares have a recovery value in May 1996.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
Prefabricated metal buildings, Prefabricated Metal Building and Component Manufacturing, Sheet Metal Work Manufacturing, Prefab Metal Buildings, Sheet metalwork, Metal Scaffolding, Construction industry, Modular buildings, Metal buildings, AAF Industries PLC

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Powerscreen sifts gems from the rubble

Article Abstract:

Powerscreen is a construction equipment and quarrying concern which has successfully launched a mobile screening device for quarries. The company uses labor on a sub-contracting basis which helps cut the cost of labor. Independent distributors are also used. The company has strengths in research and development following acquisitions. The company has good growth prospects and its shares represent good value for investors in Dec 1995.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
Construction machinery, Construction Machinery Manufacturing, Construction equipment, Powerscreen International PLC

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Subjects list: Management, Building materials industry
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