Lavendon Reviews After Losses Widen

Summary


A stagnant construction market in Germany and widening losses has forced Lavendon Group to review its operations. The company, which hires powered access equipment such as cherry picker lorries, saw pre-tax losses widen from pounds 500,000 to pounds 2.6 million in the six months to June 30.

But Lavendon, whose equipment is used to provide temporary aerial access instead of scaffolding, ladders and aluminium towers, said sales had increased in Britain.

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Lavendon Reviews After Losses Widen

Total UK revenues for the six months were slightly ahead at pounds 28.7 ...

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