Article Abstract:
T Clarke is a contracting and electrical engineering firm that has seen a stock price rise followed by a fall of 20%, despite having strong prospects and reporting a rise in pre-tax profit of 31% for the half year to Jun 1999. The company benefits from high levels of demand and its balance sheet is healthy, while its client base is impressive, including several blue chip firms. The diversity of the client base should provide some security. The company's profit is estimated at 4 million pounds sterling for full year 1999.
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Article Abstract:
Senior Engineering has been affected by a number of problems such as loss-making contracts which have affected its thermal engineering activities. These problems have hit the company's share price, but an improvement may occur since the thermal unit has been sold. The company's flexible tubes business, Flexonics, is growing rapidly and has benefited from emissions regulations in the US. The company has invested in plant which has depressed margins, but the benefits of this investment will be felt.
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Article Abstract:
Senior Engineering is a UK manufacturer of thermal and engineering goods, and the company's share price dropped following a profits warning in Oct 1994. Demand is improving and should be boosted by a drop in German interest rates. The company's profit is forecast at 30 million pounds sterling for 1995 rising to 34 million pounds for 1996 by Albert E Sharp, excluding Slough Estates. The company's shares are worth investors' attention in Sep 1995.
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