Dawson International

Article Abstract:

Dawson International's profit for the six months to Sep 30 1996 was affected by a drop in deamnd from the US for thermal clothes, but UK losses have dropped. Fibers and yarns reported a drop in profit to 4 million pounds from 7 million pounds in the above period. The group is investing in a cashmere processing plant in Inner Mongolia to provide high-quality fiber. The acquisition of Forte Cashmere should help the group penetrate the US market. Dawson International's profit is forecast at 14 million pounds sterling for 1996.

Yarn and Thread Mills, Fiber, Yarn, and Thread Mills, Knitting Mills, Yarn & Thread Mills, Knit Fabrics, Knit Fabric Mills, Textile factories

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Parkland hits the road

Article Abstract:

Parkland has invested in new machinery, shed underperforming activities and moved into profit in the four years to 1996. The company has entered the business of providing yarn for automobile interiors and seats and this business is expanding. The company's traditional business involves providing yarn for women's clothing and competition in this field is fierce, but Parkland is moving into dying according to specifications and can charge more for this market.

Parkland Textile (Holdings) PLC

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Dawson International

Article Abstract:

Dawson International has reduced its UK workforce by almost 20% and close plants. The company has reduced overheads by 9 million pounds sterling and reduced inventories by 13 million pounds. The main four divisions have reported declines for 1995 to 1996 though the pre-tax profit is boosted by discontinuing operations that had depressed profits the year before. The company has a new management in place for a year and headed by Derek Finlay as chairman.

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