Tudor: paving the way
Article Abstract:
Tudor is a tile distributor dealing with builders' merchants, the public and the construction industry through retail outlets and depots which also serve as showrooms. The company does not deal with large chains which put too much pressure on suppliers. Tudor has cut costs and brought in cheaper tiles following losses reported for 1992 and 1993. This has helped boost margins. The company should benefit from a revival in the UK housing market and the collapse of a competitor, Ramus. Tudor's profit is forecast at 550,000 pounds sterling for 1996 by Williams de Broe.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Own-brand gloss
Article Abstract:
Tudor is a distributor of ceramic tiles which is seeing benefits from increasing sales of the company's own-label products, which offer higher margins. This helped boost the company's profit for 1998, when turnover increased more slowly. The company should also be helped by the appointment of John Cooper as chief executive. Own-label sales have risen to some half of the total from a quarter of total sales five years prior to 1999. The company's profit is only expected to improve slightly for 1999, but forecasts could be upgraded if sales prove strong.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Import boost for Tudor
Article Abstract:
Tudor is a United Kingdom distributor of tiles which lacks liquidity in its stocks, with the chairman and another stockholder accounting for two thirds of the company's stocks. Tudor distributes high-margin products to independent retailers and also uses its own outlets. The company has benefited from a revival in the UK housing market and its import costs have dropped as a result of a rise in the value of pound sterling. The company's profit is forecast at 1.1 million pounds sterling for 1997.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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