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26May94 UK: RECOVERY GATHERS PACE.

By Bill Fishlock.The strongest message to emerge from the current round of annual general meetings is that, however unclear the outlook, the pace of recovery has accelerated in recent months.At South-East builders merchant, Erith, for example, the firm's sales in the first four months were 16 per cent up on the same period last year.In April they were 23 per cent up on the month a year ago.Meanwhile at Hewden Stuart, chairman Sir Matthew Goodwin told the agm last week that the firm ...

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