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23Aug91 UK: BRANDON HIRE REPORTS PROFITS DOWN FROM £967,000 TO £54,000 FOR YEAR TO END APRIL 1991.

Profits at plant hirer Brandon Hire collapsed to £54,000 in the year ending April down from £967,000 in the same period last year. Turnover fell for the first time in the company's 20-year history to £4.8 million.Chairman Brian Nathan said tool hire took the brunt, with turnover down 15 per cent and a further fall expected in the current year. But catering and furniture hire had made progress.Current trading has shown no improvement but the company says efficiency improvements ...

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