Hard hats donned at PTS

Article Abstract:

PTS is a UK builders' merchant which plans a share flotation for Mar 1995. The company may be affected by rises in interest rates which could affect demand through hitting the housebuilding market. The company specialises in domestic plumbing distribution, and clients include British gas and local authorities. PTS estimated a significant rise in profit for 1994 compared with 927 pounds sterling reported for 1993. The company has a stake of some 3.5% in the UK market for heating products.

Securities, PTS

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WH Smith: bad news all round

Article Abstract:

WH Smith is a UK retailer specialising in magazines and newspapers, but this activity has been hit by competition from supermarkets. Volume sales for WH Smith stores have dropped. Waterstone and Our Price Stores have performed well, but Di it All stores face problems and could be disposed of. There have been 1,000 jobs shed from the newsagents side of the business, and more jobs could be shed. Investors are recommended to sell shares in this company in Sep 1995.

Building Materials, Retail, News Dealers and Newsstands, Newsdealers, Newsstands, WH Smith & Son (Holdings) PLC

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Gibbs and Dandy

Article Abstract:

Gibbs and Dandy is a well established builder's merchant which could grow through acquisitions and benefit from the internet. The company faces competition at national level.

Gibbs and Dandy PLC

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