Cosalt gets the right mix

Article Abstract:

Cosalt has performed better than most UK conglomerates since 1994 when the company became profitable again. Cosalt's profit is forecast at 4.45 million pounds sterling by Charterhouse Tilney, which is an upgrade. Cosalt's caravan manufacturing division is performing well and is geared to hi-spec products with better margins. Caravans could be one market that benefits from UK windfall spending in 1997. Crewsaver, a producer of life jackets, has not performed well, affected by the high value of pound sterling, but Crewsaver should perform better over the longer term.

Cosalt PLC

---

BTR

Article Abstract:

BTR plans to reduce the number of its subsidiaries to four divisions from seven, having already shed divisions. The company aims to become a focused growth engineer but BTR is afflicted by shrinking margins and the businesses to be sold are not poorer performers than those that are being retained. Only power drives has shown strong annual average profit growth of the four divisions to be kept. The future of BTR will also be affected by the price it receives for the businesses being sold.

BTR PLC

---

Similar abstracts:

• Abstracts: Let there be enlightenment. Warmup act. Director's cut
• Abstracts: When money does not matter. Looking on the bright side
• Abstracts: Property. Home thoughts. Bogod: waiting for permission
• Abstracts: Wall Street: bets on the Fed. Making money from Uncle Sam
• Abstracts: Postcards from the edge. Guerrillas in our midst. High-tech fashion

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.