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Lavendon still going for gold.
(From Leicester Mercury)
Powered access equipment specialist Lavendon says it is focused on winning contracts for some of the biggest construction projects in and around London.
The Lutterworth firm, the European market leader in the rental of powered access machinery, is already supplying equipment to contractors building a shopping park as part of the London 2012 Olympics.
Managers are also aiming to secure work on building projects at Heathrow Airport and the GBP16 billion Crossrail project.
The company revealed its ambitions after reporting a 43 per cent rise in half-year profits, despite the construction slump.
Lavendon made a pre-tax profit of GBP11.9 million in the six months to June 30.
Revenue for the same period rose by 40 per cent to GBP116.4 million.
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...Byline: Miles Nolan RESULTS: Lavendon's overseas diversification...access equipment specialist Lavendon's overseas expansion in...leaves just over half of the operating profits coming from overseas. Nevertheless...economic conditions mean that Lavendon is keen to preserve cash and...
- LAVENDON (LVD).
- Magazine article from: Investors Chronicle March 10, 2006 700+ words
Lavendon, which supplies powered access...its main UK business, where operating profits rose 14 per cent, did well. All Lavendon's markets have been suffering...though, is the idea that Lavendon could be a takeover target...
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- Newspaper article from: The Birmingham Post (England) March 8, 2006 700+ words
...Editor Midlands-based Lavendon has been given a leg...decline in revenues, operating profits increased by 28 per...the previous year. Lavendon's equipment - promoted...Since the year end, Lavendon has acquired two businesses...total revenue. UK operating profits increased by ...
- Lavendon to raise pounds 28m for hire things across Europe.(ROP)
- Newspaper article from: The Birmingham Post (England) March 14, 2001 700+ words
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- Upbeat trading lifts Lavendon.
- Magazine article from: Investors Chronicle - magazine and web content December 20, 2007 700+ words
...Stephen Gunnion A resurgent Lavendon has been on the acquisition...growth and acquisitions. Operating profits are also signficantly higher, Lavendon says, adding that performance...profitablity. Shares in Lavendon, like other companies servicing...
- Lavendon cautious after profits slump.(Business)
- Newspaper article from: The Birmingham Post (England) March 5, 2003 700+ words
...Powered access vehicle hire group Lavendon was in cautious mood yesterday...hire rates remained stable and operating profits, before exceptional costs, in...The picture was not so bright in Lavendon's German market, where conditions...
- Lavendon reviews after losses widen.(Business)
- Newspaper article from: The Birmingham Post (England) September 8, 2004 700+ words
...Germany and widening losses has forced Lavendon Group to review its operations. The...million in the six months to June 30. But Lavendon, whose equipment is used to provide...cent to pounds 3.5 million, with operating profits increasing by 33 per cent to pounds...
- LAVENDON is Europe's market leader in the rental of powered-access equipment, a...
- Newspaper article from: Sunday Business (London, England) June 10, 2001 700+ words
LAVENDON is Europe's market leader in the rental...growth of the market in the US. I met the Lavendon management team last week and was impressed...vision to grow the business across Europe. Lavendon is the market leader in the UK with a...
