Plaxtons full of hope
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DESPITE the continuing recession Plaxtons (Scarborough) Ltd is confident about the future. For the year ending September 28, 1980, the board reported an after-tax profit of £2.2m as against £2.3 m for the same period in 1979. • This profit would have been greater than the previous years but for the purchase of T. H. Burgess Holdings on July 4, 1980.
Plaxtons have reported a fall in demand for coaches in the current financial year, leading to a slimming down of the coach building division workforce and the introduction of short-time working.
The current year is expected to compare unfavourably with previous years, but the Board is confident that the Group will emerge from the current recession in good shape.
ALL West Midlands PTE services are one-man operated, following the conversion of routes operated from Cleveland Road and Park Lane garages in Wolverhampton. WMPTE operates 2,500 buses.