Eating-out boost

Article Abstract:

Brooks Service is a retail services and textile rental company which has grown in terms of profit and turnover in the five years to 1998. The company's stock price has seen less steady growth. The company has major contracts with Thistle Hotels, Granada, and other hotel and restaurant companies. The textile division has performed better than the retail division and 12 retail units were disposed of in 1997. The company's profit is forecast at 1.9 million pounds sterling by Albert E Sharp for 1998.

Linen supply, Retail industry, Retail trade, Lease and rental services industry, Lease and rental services, Textile industry

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Washed up

Article Abstract:

UK dry cleaning concern Sketchley has denied that it will be purchased as a complete unit. However, it is possible that it will sell off its retail division. The dry cleaning sector as a whole has experienced difficulties in the 1990s, and Sketchley has been particularly badly affected. The company stopped paying dividends in 1997 after establishing that it would cost 10 million pounds sterling more than planned to shut down 160 of its 700 branches.

Drycleaning plants, except rug, Sketchley PLC

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Brooks Service: cyclical play

Article Abstract:

Brooks Service is a UK company which ranks second in the UK market for renting linen. The company also provides dry cleaning services. Hotels comprise the main clients of Brooks which includes all the major UK hotels among its clients. Brooks' turnover has been boosted by a rise in hotel occupancy rates. The company ranks third among UK dry cleaners. Brooks' profit if forecast at 1 million pounds sterling for full-year 1995.

Laundries

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