PFI set to boost long-term prospects

Article Abstract:

RCO has been affected by the minimum wage and working time directive, but has still made progress. The company has seen a rise in its operating markgins, and has tackled the problems of manufactuing uncertainty and PFI contract costs. Cash flows for these contracts often take three years to materialize. The company's healthcare business is performing well. RCO could make 3 million pounds sterling for 1999-200, rising to 4 million pounds for the following year.

Health care industry

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Sira cleans up in big business deals

Article Abstract:

Sira Business Services is a supplier of cleaners to companies such as Tarmac and Warner Bros. The company was set up in 1990 following the acquisition of Cromwell Cleaning by Robert Weigl, managing director and chairman of Sira. Cromwell forms the core of Sira. The activity was chosen as likely to resist a recession due to cleaning being a necessity. The company'sprofit is forecast at 1.1 million pounds sterling for 1998 to 1999 by Ellis and Patrners.

Sira Business Services

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RCO: tough times ahead

Article Abstract:

RCO manages catering, security and cleaning services and has benefited from reducing staff and wage levels when contracts commenced. The company is faced with the effect of a 1994 ruling which has upheld labor union rights for employees moving from the public sector to a private employer. This has led to provisions to deal with claims for unfair dismissal. The company is restructuring but benefits may not appear for between three and four years.

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