Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

03Sep92 UK: SHORCO HOLDINGS UNVEILS INTERIM PRETAX PROFITS TO END OF JUNE 1992 OF £105,000.

Margins remain under pressure at Leeds-based plant hirer Shorco Holdings, which this week unveiled pre-tax profits little changed at £105,000 for the half ending June (1991: £115,000).The firm said competition remains fierce and that it has worse problems with bad debts.The group said it was 'vigorously pursuing' cuts in costs and overheads to protect profitability. Around 5 per cent of the workforce has been shed, reducing it to 120, and a depot in Worcester has been closed.However, .

Subscribe now for unlimited access and receive...

  • The latest client and contractor news
  • Interviews with industry leaders
  • Insight into contractors’ strategies, performance and contract activity
  • Market data, industry trends and forecasts
  • Technical reports on innovation and best practice techniques

Register for guest access and receive...

  • One free article per month
  • Breaking and Daily News alerts straight to your inbox
  • Expert opinion and Editor's Comment articles
  • CN Briefings on the day's talking points
  • Picture galleries showcasing the biggest projects

Already a subscriber? Click here to sign in

Print subscriber? Activate your digital account here