Allen's pipe dream for utility bosses

Article Abstract:

Allen is a UK company which has developed a new pipelaying system. The UK water supply industry is under pressure to replace pipes, which could benefit Allen. The company could also expand its business among companies in other industries which need pipes, such as electric utilities. The company's plant hire activities are also performing well. Allen's housebuilding operations are weaker due to depressed deamnd and the high cost of land, but this should be offset by the good performance of its other activities.

Allen PLC

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Draining away

Article Abstract:

AH Ball is a UK pipe layer and its clients include British Gas, housebuilders and water companies. The company expected more work from water companies, but they have invested less than expected and the contracts have tended to be small. Ball has achieved pipe laying orders from the telecommunications industry. The company's profit is forecast at between 300,000 pounds sterling and 400,000 pounds for 1996, but future growth for Ball is not seen as probable.

Plumbing, heating, air-conditioning, AH Ball

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VHE

Article Abstract:

VHE is a British construction firm specializing in land reclamation. The company has a strong order book, though its track record has been uneven.

VHE Holdings PLC

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