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Low potential

24th November 1978, Page 22
24th November 1978
Page 22
Page 22, 24th November 1978 — Low potential
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Which of the following most accurately describes the problem?

BAD NEWS for potential London and South-East England road hauliers is contained in a financial survey published by Inter Company Comparisons Ltd.

In an examination of 614 road hauliers, it has divided its findings into two areas, London and South, and Midlands and North.

Of the unquoted sector companies in the London and South section, ICC finds flu 60 per cent increased the turnover, while only 50 pE cent increased profits. 68 p( cent added to their assets, 7 per cent enlarged their liabi ities, and almost 55 per cer paid more to their directors.

Performance figures for th Midlands and North work ot similarly, but higher profit are returned by no less than 6 per cent of the hauliers.