DOCSLIB.ORG

London Security Plc Annual Report and Accounts 2006 London Security Plc Annual Report and Accounts 2006

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
London Security Plc Annual Report and Accounts 2006 London Security Plc Annual Report and Accounts 2006 LONDON SECURITY PLC ANNUAL REPORT AND ACCOUNTS 2006 LONDON SECURITY PLC LONDON ANNUAL REPORT AND ACCOUNTS 2006 ANNUAL LONDON SECURITY PLC Wistons Lane Elland West Yorkshire HX5 9DS Website: www.londonsecurity.org _cover.indd 1 08/05/2007 11:52:19 CORPORATE STATEMENT GROUP COMPANIES London Security plc is a leader in Europe’s fire security industry. UNITED KINGDOM TVF (UK) PLC HOLLAND ASCO EXTINGUISHERS 56/69 Queens Road ANSUL B.V. Each year, we provide fire protection for over 200,000 customers COMPANY LIMITED High Wycombe Platinastraat 15 NL 8211 through our local presence in the United Kingdom, Belgium, Melissa House Buckinghamshire HP13 6AH AR Lelystad Holland, Austria and Switzerland. Unit 3 Tel: 01494 450641 Tel: 00 31 320 240864 Festival Court Fax: 01494 465378 Fax: 00 31 320 247707 Brand Street E-mail: [email protected] E-mail: [email protected] Our services and products are commercialised through the well Glasgow G51 1DR Website: www.tvfplc.co.uk NU-SWIFT BRANDBEVEILIGING B.V. Tel: 0141 427 1144 and long established brands of Nu-Swift, Ansul, Total, Premier and UNITED FIRE ALARMS LIMITED Ringoven 32 Fax: 0141 427 6644 Master. The unique styling of our products makes them immediately Wistons Lane 6826 TR Arnhem E-mail: [email protected] Elland Tel: 00 31 263 630330 recognisable to both the industry and customers alike. Website: www.asco.uk.com West Yorkshire HX5 9DS Fax: 00 31 263 640828 We aim to achieve the highest levels of service and product quality through GFA PREMIER LIMITED Tel: 0845 6015836 E-mail: [email protected] Wistons Lane Fax: 0845 6015837 continuing training of our employees to the most stringent servicing standards Elland E-mail: [email protected] AUSTRIA and the development of the highest performance rated fire products. These West Yorkshire HX5 9DS Website: www.unitedfirealarms.co.uk TOTAL FIRESTOP G.M.B.H. activities are performed whilst considering the preservation of the environment. Tel: 01422 377521 Percostrasse 15 Fax: 01422 377524 BELGIUM 1220 Wien From the largest blue chip companies to governments and private individuals, E-mail: [email protected] ALL-PROTEC N.V. Tel: 00 431 259 36310 Bogaertstraat 16 Fax: 00 431 259 363118 our customers know that our name stands for integrity of service by the best HOYLES FIRE & SAFETY LIMITED 9910 Knesslare E-mail: [email protected] trained and qualified individuals with quality products that have achieved the Wistons Lane Tel: 00 32 9375 2044 Elland highest performance ratings. Fax: 00 32 9374 6895 SWITZERLAND West Yorkshire HX5 9DS E-mail: [email protected] FEUERLOSCHER NU-SWIFT Tel: 01422 314351 (SCHWEIZ) AG Fax: 01422 314311 ANSUL S.A. 64.8 10.9 Bahnhofplatz 1 64.4 E-mail: [email protected] Industrialaan 35 2501 Biel/Bienne Website: www.hoyles.co.uk B-1702 Groot-Bijgaarden 9.6 Tel: 00 41 32 323 1314 Tel: 00 32 2467 7211 L. W. SAFETY LIMITED Fax: 00 41 32 322 0412 Fax: 00 32 2466 4456 56/69 Queens Road E-mail: [email protected] 9.3 9.3 E-mail: [email protected] High Wycombe 53.8 Website: www.ansul.be MACLIN S.A. 52.3 9.1 Buckinghamshire HP13 6AH Chemin de la Mairie, 5 Tel: 01422 314350 DIMEX TECHNICS S.A. 1223 Cologny 48.1 Fax: 01422 314311 42 rue de l’eglise Tel: 00 41 22 735 1400 E-mail: [email protected] 4710 Lontzen Herbesthal Fax: 00 41 22 700 5789 Website: www.lwsafety.co.uk Tel: 00 32 8788 0242 E-mail: [email protected] Fax: 00 32 8788 3766 NU-SWIFT INTERNATIONAL LIMITED E-mail: [email protected] OTHMAR HUG 2002 2003 2004 2005 2006 2002 2003 2004 2005 2006 Wistons Lane FEUERSCHUTZ G.M.B.H. TURNOVER (£M) OPERATING PROFIT (£M) Elland IMPORTEX S.A. Postfach 4012 West Yorkshire HX5 9DS 42 rue de l’eglise 4055 BS Basel Tel: 01422 372852 4710 Lontzen Herbesthal Tel: 00 41 61301 8272 Fax: 01422 379569 Tel: 00 32 8788 0242 40.0 63.0 15.5 Fax: 00 41 61301 8274 59.0 E-mail: [email protected] Fax: 00 32 8788 3766 37.7 56.8 E-mail: [email protected] 14.7 Website: www.nu-swift.co.uk E-mail: [email protected] 14.3 Website: www.hugfeuerschutz.ch 55.2 36.0 M K FIRE LIMITED SAS SPRL 50.3 TOTAL TF AG 13.9 56/69 Queens Road 42 rue de l’eglise 13.7 Bahnhofplatz 1 33.4 High Wycombe 4710 Lontzen Herbesthal 2501 Biel/Bienne Buckinghamshire HP13 6AH Tel: 00 32 8788 0242 31.8 Tel: 00 41 32 323 1314 Tel: 01494 769744 Fax: 00 32 8788 3766 Fax: 00 41 32 322 0412 Fax: 01494 465378 E-mail: [email protected] E-mail: [email protected] E-mail: customer.service@mkfire.co.uk Website: www.mkfire.co.uk 2002 2003 2004 2005 2006 2002 2003 2004 2005 2006 2002 2003 2004 2005 2006 BASIC EARNINGS PER SHARE (P) ADJUSTED EARNINGS PER SHARE (P) EBITDA (£M) The tables have not been adjusted for implementation of FRS 17 and FRS 21 in years 2002 and 2003. _cover.indd 2 08/05/2007 11:52:19 01 LONDON SECURITY PLC ANNUAL REPORT AND ACCOUNTS 2006 EUROPEAN GROUP BRANDS London Security plc continues to deliver industry leading profit margins since acquiring the Ansul and Nu-Swift businesses in December 1999. The challenges for the future are to continue to grow through acquisition and organically and to build upon our competitive advantage of being a complete fire protection solution provider. IFC Corporate statement 19 Independent auditors’ report 01 European Group brands 20 Consolidated profit and 02 Chairman’s statement loss account 04 Operational review: UK 21 Consolidated balance sheet 05 Operational review: Belgium 22 Company balance sheet 06 Operational review: Holland 23 Consolidated cash flow statement 07 Operational review: Austria 24 Consolidated statement of total 08 Operational review: Switzerland recognised gains and losses 09 Financial review 24 Reconciliation of movements in Group equity shareholders’ funds 10 Directors 24 Reconciliation of movements in 11 Company advisers Company equity shareholders’ funds 12 Report of the Directors 25 Notes to the financial statements 15 Corporate governance statement 43 Notice of annual general meeting 18 Directors’ remuneration report IBC Group companies _0_LON_ar06_front.indd 1 08/05/2007 11:54:55 02 LONDON SECURITY PLC ANNUAL REPORT AND ACCOUNTS 2006 CHAIRMAN’S STATEMENT FINANCIAL HIGHLIGHTS TRADING REVIEW The Group has developed new ranges Financial highlights of the audited results A detailed Operational Review of fire extinguishers and successfully for the year ended 31 December 2006 is set out in a separate section. launched these products late in 2005 compared with the year ended and 2006. These extinguishers show 31 December 2005 are as follows: The Group’s operating profit improvements in terms of fire ratings, has increased by £529,000 (6%), ease of operating and discharge times, Turnover of £64.4 million despite one-off charges relating to and also enabled us to achieve cost (2005: £64.8 million) reorganisation consisting of onerous efficiencies from implementation of lease provisions of £350,000 (2005: £Nil) these new ranges. Earnings before interest, taxation, and redundancy costs of £379,000 depreciation and amortisation (2005: £39,000). Group operating profit at 15% (“EBITDA”) of £14.7 million of turnover and EBITDA at 23% (2005: £14.3 million) In mainland Europe the Group of turnover continue to be among has gone from strength to strength, industry leading results and are Operating profit before building upon its strong position in expected to increase further as the amortisation of goodwill of servicing fire extinguishers and hose full year effects of the various initiatives £12.7 million (2005: £12.2 million) reels and growing our new activities implemented in 2006 are realised. of alarms, emergency lights and Operating profit of £9.6 million modular first-aid boxes. ACQUISITIONS (2005: £9.1 million) It remains a principal aim of the In the UK, the profit increase is largely Group to grow through acquisition. Profit on ordinary activities due to initiatives described further in the Acquisitions are being sought before taxation of £8.3 million Operational Review and improved credit throughout Europe and the Group (2005: £8.1 million) control. In addition, in 2006 we have not will invest at the upper end of the continued with the lower margin alarm price spectrum where an adequate installation type of contracts which had return is envisaged. been undertaken in 2005. FINANCIAL HIGHLIGHTS Financial highlights for the year ended 31 December 2006: Turnover of Earnings before interest, taxation, depreciation and amortisation (“EBITDA”) of £64.4 million £14.7 million (2005: £64.8 million) (2005: £14.3 million) _0_LON_ar06_front.indd 2 08/05/2007 11:54:55 03 LONDON SECURITY PLC ANNUAL REPORT AND ACCOUNTS 2006 In December 2006 we acquired SAS, exercise that was completed ANNUAL GENERAL MEETING a Belgian fire alarm company. We will in July 2005 when the Company The Annual General Meeting will be use this acquisition to develop the purchased 2.2 million shares held at 10 Bruton Street, 5th Floor, alarm market in Belgium and other for cancellation. London W1J 6PX on 7 June 2007 continental countries where we have at 11.00 a.m. You will find enclosed a fire activity. Consequently, at the forthcoming a form of proxy for use at that meeting Annual General Meeting, the Board will which you are requested to complete In 2007, we have acquired contracts request that shareholders vote in favour and return in accordance with the to service fire equipment from of a resolution to renew the authority to instructions thereon.
Load more

Recommended publications
  • LONDON SECURITY PLC ANNUAL REPORT and ACCOUNTS 2019 London Security Plc
    A leader in Europe’s fire security industry. LONDON SECURITY PLC ANNUAL REPORT AND ACCOUNTS 2019 London Security plc Annual Report and Accounts 2019 London Security plc Each year we provide fire protection for over 233,000 customers through our local presence in the United Kingdom, Belgium, the Netherlands, Austria, France, Germany, Denmark and Luxembourg. Customer focus. We continually strive to offer the highest quality of service and products to our valued customers. We employ the best trained and qualified engineers with quality products that have achieved the highest performance ratings to blue chip companies, governments or private individuals. Our services and products are commercialised through long-established brands. Nu-Swift, Ansul, Total, Premier and Master: the unique styling of our products makes them immediately recognisable to both the industry and customers alike. We aim to achieve the highest levels of service and product quality. Our employees are trained to the most stringent servicing standards and we develop the highest performance-rated fire products. These activities are performed whilst considering the preservation of the environment. More information at londonsecurity.org STRATEGIC REPORT Highlights FINANCIAL HIGHLIGHTS Earnings per share Operating profit Revenue 135.8p £24.2m £146.9m +1.6% +4.3% +6.7% 24.2 135.8 146.9 23.2 133.7 137.7 21.7 20.9 116.7 125.9 112.4 18.5 114.8 100.1 101.2 15 16 17 18 19 15 16 17 18 19 15 16 17 18 19 OUR EUROPEAN GROUP BRANDS Strategic report ® 01 Financial highlights 01 Our European
    [Show full text]
  • The Home of Business Intelligence
    MARKETLINE SWOT COMPANY PROFILES WHAT ARE MARKETLINE SWOT COMPANY PROFILES? SWOT Company Profiles are the ideal source for quick and accurate insights on over 2,500 public and private enterprises worldwide. MarketLine SWOT Company Profiles We do the work for you... Example titles: uncover the strengths, weaknesses, With detailed SWOT Profiles for opportunities, and threats facing DST Systems Inc: 2,500 public and private companies, the biggest corporations and public Strategy, SWOT and Corporate MarketLine is one of the most prolific companies globally, to help you make Finance Report publishers of company information today. informed assessments in minutes. Emmis Communications Corporation: SWOTs are written by MarketLine analysts, Strategy, SWOT and Corporate Up-to-date and accurate, SWOT Company drawing on their professional expertise Finance Report Profiles contain the latest financial data and a number of proprietary and external for public companies. They also include sources, so you can access reliable merger and acquisition activity, lists of information in one convenient place. products and services, and key competitor information across all profiled companies. HOW DID MARKETLINE GET THIS DATA? MarketLine SWOT Company Profiles are written by our in-house analysts and prepared under an established methodology, tried and tested over 10 years. With stringent checks and controls to capture and validate the accuracy of our data, you can be confident in MarketLine to deliver quality data and insights. 1. 2. 3. 4. 5. COMPANY INVESTOR’S MEDIA COMPANY SEC FILINGS ANNUAL PRESENTATIONS RELEASES WEBSITES (10-K, 20-F, 10-Q ETC) REPORTS SWOT 8. 7. 6. COMPANY QUALITY COMPANY PROPRIETARY PROFILE CONTROL ANALYST DATABASES RELATIONS WHY CHOOSE MARKETLINE? In an information-rich world, finding facts you can rely upon isn’t always easy.
    [Show full text]
  • 21 May 2018 9:15 AM – PROOF 7 25372.04 – 21 May 2018 9:15 AM – PROOF 7 Andrew Sykes AR2017.Indd 3 21/05/2018 09:15:57 Contents
    7 7 25372.04 – 21 May 2018 9:15 AM – PROOF 7 25372.04 – 21 May 2018 9:15 AM – PROOF 7 Andrew Sykes AR2017.indd 3 21/05/2018 09:15:57 Contents 1 Summary of Results 2 Chairman’s Statement 5 Strategic Report 5 Principal Objectives and Strategy 5 Future Development of the Business 5 2017 Operational Performance 8 Review of risks, uncertainties and financial performance 17 Directors’ Report 20 Directors and Advisors 21 Statement of Directors’ Responsibilities in respect of the Annual Report and Financial Statements 22 Independent Auditor’s Report to the Members of Andrews Sykes Group plc 28 Consolidated Income Statement 29 Consolidated Statement of Comprehensive Total Income 30 Consolidated Balance Sheet 31 Consolidated Cash Flow Statement 32 Consolidated Statement of Changes in Equity 33 Group Accounting Policies 40 Notes to the Consolidated Financial Statements 68 Company Balance Sheet 69 Company Statement of Changes in Equity 70 Notes to the Company Financial Statements 76 Five Year History 77 Notice of Annual General Meeting 79 Form of Proxy 25958.04 – 21 May 2018 9:15 AM – PROOF7 25958.04 – 21 May 2018 9:15 AM – PROOF7 Andrew Sykes AR2017.indd 4 21/05/2018 09:15:57 Summary of Results 12 months 12 months ended ended 31 December 31 December 2017 2016 £’000 £’000 Revenue from continuing operations 71,300 65,389 EBITDA* from continuing operations 22,851 20,664 Operating profit 17,589 15,816 Profit after tax for the financial period 14,101 14,473 Basic earnings per share from total operations (pence) 33.37p 34.25p Interim and final dividends paid per equity share (pence) 23.80p 23.80p Proposed final dividend per equity share (pence) 11.90p 11.90p Net cash inflow from operating activities 17,862 15,133 Total interim and final dividends paid 10,058 10,058 Net funds 20,293 17,673 * Earnings Before Interest, Taxation, Depreciation, profit on sale of property, plant and equipment, Amortisation and non-recurring items as reconciled on the consolidated income statement.
    [Show full text]
  • The Economics of Information the Relationship Between IT Spending, Profits, and Knowledge Capital®
    Concept Report Research and Advisory Services The Economics of Information The Relationship Between IT Spending, Profits, and Knowledge Capital® Concept Report, July 2001 Research by: Paul Strassmann Editied by: Jacques Halé Publishing by: Peter Bristow Chris Dickinson Steve Duke Samantha Henry Paul Makey Published July 2001 © 2001 by Paul A. Strassmann Important Notice The information available in this publication is given in good faith and is believed to be reliable. Butler Group expressly excludes any representation or warranty (express or implied) about the suitability of materials in this publication for your purposes and excludes to the fullest extent possible any liability in contract, tort or howsoever for implementation of, or reliance upon, the information contained in this publication. © P a u l A . S t r The Economics of Information a s s m a n n J u l y 2 0 0 CONCEPT REPORT 1 CONTENTS 5 Management Summary 11 Part 1: Transforming IT Costs into Profits 11 1.1 The Challenge 21 1.2 The Strategic Positioning of a Firm in Relation to IT 29 1.3 The Competitive Advantage in the Information Age 39 Part 2: Knowledge Capital® in European Firms 41 Introduction 45 2.1 Analysis of European Firms 55 2.2 Country Case – The UK Knowledge Capital® 65 Appendix A: Valuation of Knowledge Capital® 71 Appendix B: Valuation of Knowledge Capital® Rankings by Country 71 Belgian Firms 77 Danish Firms 83 Dutch Firms 91 Finnish Firms 97 French Firms 119 German Firms 139 Irish Firms 143 Italian Firms 151 Norwegian Firms 157 Portuguese Firms 161 Spanish Firms 167 Swedish Firms 177 UK Firms C o n c e p t R e p o r t Management Summary Concept Report, July 2001 © P a u l A .
    [Show full text]
  • Andrews Sykes Group Plc
    Andrews Sykes Group plc Annual Report and Financial Statements 2014 Andrews Sykes Group plc Annual Report and Financial Statements 2014 andrews-sykes.com DEHUMIDIFICATION VENTILATION Andrew Sykes AR2014 Proof 4.indd 3 06/05/2015 14:45:24 23960.04 6 May 2015 2:43 PM Proof 4 Contents 1 Summary of Results 2 Chairman’s Statement 4 Strategic Report 4 Principal Objectives and Strategy 4 Future Development of the Business 4 2014 Operational Performance 8 Review of risks, uncertainties and financial performance 17 Directors’ Report 20 Directors and Advisors 21 Statement of Directors’ Responsibilities in respect of the Annual Report and Financial Statements 22 Independent Auditor’s Report to the Members of Andrews Sykes Group plc 23 Consolidated Income Statement 24 Consolidated Statement of Comprehensive Total Income 25 Consolidated Balance Sheet 26 Consolidated Cash Flow Statement 27 Consolidated Statement of Changes in Equity 28 Group Accounting Policies 35 Notes to the Consolidated Financial Statements 65 Company Balance Sheet 66 Notes to the Company Financial Statements 72 Notice of Annual General Meeting 74 Five Year History 75 Form of Proxy Andrew Sykes AR2014 Proof 4.indd 4 06/05/2015 14:45:25 23960.04 6 May 2015 2:43 PM Proof 4 Summary of Results 12 months 12 months ended ended 31 December 31 December 2014 2013 £’000 £’000 Revenue from continuing operations 56,400 61,072 EBITDA* from continuing operations 15,569 18,592 Operating profit 11,311 14,683 Profit after tax for the financial period 9,311 11,518 Basic earnings per share from total operations (pence) 22.03p 27.25p Interim and final dividends paid per equity share (pence) 23.80p 17.80p Proposed final dividend per equity share (pence) 11.90p 11.90p Net cash inflow from operating activities 10,621 14,216 Total interim and final dividends paid 10,058 7,523 Net funds 16,846 19,113 * Earnings Before Interest, Taxation, Depreciation, profit on sale of property, plant and equipment, Amortisation and non-recurring items as reconciled on the consolidated income statement.
    [Show full text]
  • ANNUAL REPORT and ACCOUNTS 2020 London Security Plc
    London Security plc Annual Report and Accounts 2020 LONDON SECURITY PLC ANNUAL REPORT AND ACCOUNTS 2020 A leader in Europe’s fire security industry. London Security plc Each year we provide fire protection for over 258,000 customers through our local presence in the United Kingdom, Belgium, the Netherlands, Austria, France, Germany, Denmark and Luxembourg. Customer focus. We continually strive to offer the highest quality of service and products to our valued customers. We employ the best trained and qualified engineers with quality products that have achieved the highest performance ratings to blue chip companies, governments or private individuals. Our services and products are commercialised through long-established brands. Nu-Swift, Ansul, Total, Premier and Master: the unique styling of our products makes them immediately recognisable to both the industry and customers alike. We aim to achieve the highest levels of service and product quality. Our employees are trained to the most stringent servicing standards and we develop the highest performance-rated fire products. These activities are performed whilst considering the preservation of the environment. More information at londonsecurity.org STRATEGIC REPORT Highlights IN THIS REPORT OUR EUROPEAN GROUP BRANDS Strategic report 01 Financial highlights ® 01 Our European group brands 02 Chairman’s statement 04 Financial review 06 Strategic report Governance 08 Directors and Company advisers 10 Report of the Directors 13 Directors’ remuneration report Financial statements 14 Independent auditor’s report 22 Consolidated income statement 23 Consolidated statement of comprehensive income 24 Consolidated statement of changes in equity 25 Consolidated statement of financial position 26 Consolidated statement of cash flows 27 Notes to the financial statements 58 Parent Company balance sheet 59 Parent Company statement of changes in equity 60 Notes to the Parent Company London Security plc continues to deliver industry-leading profit financial statements margins since acquiring the Ansul and Nu-Swift businesses.
    [Show full text]
  • Andrews Sykes Group Plc Annual Report and Financial Statements 2020
    Andrews Sykes Group plc Annual Report and Financial Statements GROUP PLC 2020 Andrews Sykes Group plc Annual Report and Financial Statements 2020 andrews-sykes.com 30526-Andrews-Sykes-AR2020.indd 3 11/05/2021 11:48:34 30526 10 May 2021 9:36 am Proof V5 Contents 1 Summary of Results 2 Chairman’s Statement 5 Strategic Report 5 Principal Objectives and Strategy 5 Future Development of the Business 5 2020 Operational Performance 8 Review of risks, uncertainties and financial performance 20 Directors’ Report 24 Directors and Advisors 25 Statement of Directors’ Responsibilities in respect of the Annual Report and Financial Statements 26 Independent Auditor’s Report to the Members of Andrews Sykes Group plc 36 Consolidated Income Statement 37 Consolidated Statement of Comprehensive Total Income 38 Consolidated Balance Sheet 39 Consolidated Cash Flow Statement 40 Consolidated Statement of Changes in Equity 41 Group Accounting Policies 49 Notes to the Consolidated Financial Statements 78 Company Balance Sheet 79 Company Statement of Changes in Equity 80 Notes to the Company Financial Statements 87 Five–Year History 30526-Andrews-Sykes-AR2020.indd 3 11/05/2021 11:48:34 30526 10 May 2021 9:36 am Proof v4 Summary of Results 12 months 12 months ended ended 31 December 31 December 2020 2019 £'000 £'000 Revenue from continuing operations 67, 259 77,246 EBITDA* from continuing operations 26,089 28,519 Operating profit 16,386 19,298 Profit after tax for the financial period 13,020 15,019 Basic earnings per share from total operations (pence) 30.87p 35.61p Interim and final dividends paid per equity share (pence) 46.10p 23.80p Proposed final dividend per equity share (pence) 11.50p 10.50p Net cash inflow from operating activities 22,255 18,522 Total interim and final dividends paid 19,442 10,038 Net funds 7, 672 12,136 * Earnings Before Interest, Taxation, Depreciation, profit on sale of property, plant and equipment, Amortisation and non-recurring items as reconciled on the consolidated income statement.
    [Show full text]
  • Black Country Strategic Companies Barometer
    2021 BLACK COUNTRY STRATEGIC COMPANIES BAROMETER 1 Contents 1. Introduction ............................................................................................... 3 1.1 Impact of COVID-19 on Business ............................................................... 3 1.2 2021 Black Country Strategic Companies .................................................. 3 2. Black Country Current Business Base.......................................................... 4 2.1 Sector Analysis .......................................................................................... 5 3. Black Country Strategic Companies ............................................................ 7 3.1 Strategic Companies Value to the Black Country Economy ....................... 8 3.2 Location .................................................................................................. 10 3.3 Top 10 Companies Profiles ..................................................................... 11 3.4 Publicly Listed Companies ....................................................................... 15 3.5 Diversity .................................................................................................. 15 3.6 High Growth Companies ......................................................................... 18 4. International Exports ............................................................................... 21 4.1 Black Country Export Analysis ................................................................. 22 4.2 Strategic Company Ownership ...............................................................
    [Show full text]