Low Orders and Cancellations Put Ricardo Temporarily in Red
Birmingham Post › February 24, 2004
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Summary
Automotive consultants Ricardo, which has operations in the Midlands, slipped into the red in the first-half after a period of difficult trading with significant order cancellations and low order intake.
But the company said an improvement in orders during the past two of months meant it may return to profit during 2004.See the full content of this document
Extract
Low Orders and Cancellations Put Ricardo Temporarily in Red
The 'pipeline of prospects' had doubled since June 2003.
Ricardo has vehicle operations, transmissions and a strategic consu...See the full content of this document
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