Article Abstract:
Caradon plans a restructuring which will lead to a charge of some 20 million pounds sterling by year-end 1995. The company faces a trading downturn for its windows and doors operations but has helped offset this through the acquisition of Weru which has prevented a loss for the division in 1st half 1995. Raw materials costs have risen for the company's plastics division, and there is pressure for Caradon's security printing operations. Margins have improved for other divisions such as plumbing and structural building.
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Article Abstract:
Bowater has seen a rise in the cost of raw materials in 2nd half 1994 but has increased prices. The group has carried out a restructuring process and is focused round three key activities, printing and packaging, accounting for almost half turnover, building supplies, and coatings. The group is improving its profits and sales in 1995 compared with 1994, and net debt is set to drop to 35% following the sale of tissue activities in Australia. There have been flat sales of plastic windows in the UK from Sep 1994.
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Article Abstract:
Marley has been adversely affected by problems in the UK real estate industry which has hit demand for building materials. House starts dropped by 15% in 1st half 1995 which has hit demand for roof tiles, while tile prices have been static. Aerated block prices have risen by 10% but demand is down. The company has seen a rise in raw material costs for its plastics division. The company's profit is forecast at 51 million pounds sterling for full-year 1995 by Panmure Gordon.
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