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Lorien: big is better

Article Abstract:

Lorien is a UK management consultant which has acquired P-E International and thus become a multi-skilled consultancy operating on a global level rather than a specialist in computing. P-E brings a strong customer list though there is some concern over dependence on a contract with Ford. The company's profit is likely to be boosted to some 2.6 million pounds through the acquisition compared with forecasts of 1.9 million prior to the acquisition. The company's shares are seen as good value for investors in Jul 1996.

Lorien

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Improved designs

Article Abstract:

Fitch is a design specialist which is moving toward consultancy. The US market accounts for around three quarters of the company's business and the remainder is accounted for by the United Kingdom. The company aims to cater for a market between design and management consultancy and deal with the whole process from identifying products to branding and presentation. The company's pre-tax profit is forecast at 2.2 million pounds sterling for 1997 and it looks set to achieve this figure after interim results.

Business & Mgmt Consulting, Design services, Fitch and Company Design Consultants PLC

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Proudfoot: crisis management

Article Abstract:

Proudfoot has seen a drop in its market value to 20 million pounds sterling from 250 million pounds in the five years to 1996. The company appointed Malcolm Hughes as its new chief executive in 1994. Hughes has reduced the number of employees by 200 to 640. Sales dropped to 35.2 million pounds from 38.9 million pounds in 1st half 1996. Pre-exceptional profit was up by 20% at 2.5 million pounds but this all came from Japan. The company's profit is forecast at 4 million pounds for 1996 by Collins Stewart.

Alexander Proudfoot PLC

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