Forward group

Article Abstract:

Forward Group suffered a drop in share price following a profit warning relating to 2nd half 1996 to 1997. The company has been affected by delayed orders from Motorola and Nokia and other customers. Demand growth has slowed in 1996 for printed circuit boards and the company's sales will drop in Nov and Dec 1996. In addition, Forward Group's profit for 2nd half 1996 to 1997 will be affected by costs of reorganization and closure. The profit forecast for full-year 1996 to 1997 has been reduced to some 6 million pounds sterling from 13 million pounds, with a rise to 10 million pounds for 1998.

Forward Group PLC

---

Stadium: an act of faith

Article Abstract:

Stadium is involved in electronics and injection-moulded plastic parts for consumer goods such as lawnmowers. The company is benefiting from a trend for UK companies to contract out part of their activities. Clients include Nissan and Black and Decker. The company plans to dispose of some non-core activities, which will initially affect profit but should bring benefits over the longer term. The company's profit is forecast at 4.7 million pounds sterling for 1996, rising to 5.3 million pounds for 1997 by Wise Speke.

Miscellaneous Plastics Products, NEC, Unsupported Plastics Profile Shape Manufacturing, Molded Plastic Products, Plastics industry, Stadium, Molded plastics, Electronics laboratories

---

Cracking Kode

Article Abstract:

Kode International has disposed of its computer services business which was making losses, focusing on the production of printed circuit boards (PCBs) where orders are strong. The market began to improve in 4th qtr 1996 and orders are reaching levels last seen in 1994. The company has a division specialising in complex PCBs, called Kam, while Kamtronics supplies volume PCBs. Kam is seeing a rise in exports and also benefits from higher margins than Kamtronics.

Kode International PLC

Similar abstracts:

• Abstracts: When more is harder. Taking a long view
• Abstracts: Still a luxury product. Walking away. Careful nursing in the private wing
• Abstracts: Sid goes European. Latin America rebounds. Plugging into multimedia
• Abstracts: A growth label. Bemrose. Tinsley Robor: a tempting package
• Abstracts: Vymura: due for a pasting. Growth pattern. Well-furnished bank balance

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