Molins

Article Abstract:

Molins produces tobacco machinery and has seen a drop in its stock price of 75% from April 1996. The company has also lost its chief executive, and has reported losses, but Molins is a world leader with a sound balance sheet. The company faced delays in Chinese orders in 1997, but is likely to recover in 1998. The high value of pound sterling has also affected Molins, which depends heavily on exports, but over the long term, Molins has good prospects. The packaging machinery division has increased its operating profit, though the corrugated board machinery business may have to be sold.

Packaging Machinery Manufacturing, Packaging machinery, Packaging Machinery ex Food, Food & Beverage Packaging Eqp, Packaging industry, Molins PLC

---

Catering for eating out

Article Abstract:

Lincat produces catering equipment and should benefit from an expanding market as eating out becomes increasingly common in the United Kingdom. The company has focused on profitable activities and shed loss makers, and has had to invest in new capacity to meet demand. Exports have been hampered by the strength of pound sterling, but they have still performed well. The company's profit is forecast at 4.8 million pounds sterling for 1997 to 1998 by Beeson Gregory.

Food Product Machinery Manufacturing, Food products machinery, Food processing machinery, Lincat Group PLC

---

Chilling out at Beales Hunter

Article Abstract:

Beales Hunter is a UK producer of electrical goods such as plugs and refrigerators. The company has clients in the chemical, food processing and pharmaceutical industries, and faces competition in these markets which has affected margins. Raw material costs and competition have affected the company's small electrical component business. Disposal of a textile business has involved an exceptional loss which affected the company's results for 1994 to 1995.

Current-Carrying Wiring Device Manufacturing, Refrigerators, Household Refrigerator and Home Freezer Manufacturing, Current-carrying wiring devices, Household refrigerators and freezers, Electrical Plugs, 3-Wire, Electric plugs, Beales Hunter PLC

Similar abstracts:

• Abstracts: M-R. Internetting the profits
• Abstracts: Prism: an eye for a bargain. Accounting for moving targets. Prism Leisure: spot the bargain

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