Vymura: due for a pasting

Article Abstract:

Vymura is reducing costs including a reduction in its workforce of 15%. The company saw large increases in the cost of raw materials in 1995 and there is still pressure from this source, though prices have ceased to rise so sharply. The company had 10.3 million pounds worth of stocks at year-end 1995 and aims to reduce this. Exports have risen to almost 20% of sales, and licensed products have sold well. The company's profit for 1996 is forecast at 2.5 million pounds sterling by brokers, a downgrade from a previous forecast of 3 million pounds.

Paper industry, Vymura

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Well-furnished bank balance

Article Abstract:

Walker Greenbank is a supplier of furnishings and wallcoverings, and appear to be undergoing a recovery. The company dosposed of its commercial wallcoverings business in 1998, and this pushed up its profit for that year with a gain of 67.9 million pounds sterling, 42 million pounds of which went to stockholders. Harlequin has achieved a profit, and there is a strong performance in the US, though the performance of the European business has been disappointing. The company's performance should improve in 2000.

All Other Plastics Product Manufacturing, Misc. Fabricated Textile Products, Household Furnishings, Other Household Textile Product Mills, Plastics products, not elsewhere classified, Plastic Wall Coverings, Home furnishings, Walker Greenbank PLC

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Growth pattern

Article Abstract:

Colefax and Fowler supplies fabrics and wallpaper and is benefiting from diversification of its product range, strong demand, and the acquisition of Larsen. The acquisition provides Colefax with a brand name that can be distributed through the company's existing network in the US, and in Europe. The acquisition has also led to an upward revision for the company's profit forecast from Kleinwort Benson to 3.3 million pounds sterling fro 1997 to 1998/

TEXTILE MILL PRODUCTS, Textile Mills, Colefax and Fowler Group PLC

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