National Freight Corporationi 1976. Freightliners' loss went out from £1.5m in 1976 to £1.8m last year.
28th April 1978, Page 5
28th April 1978
Page 5
Page 5, 28th April 1978
— National Freight Corporationi 1976. Freightliners' loss went out from £1.5m in 1976 to £1.8m last year.
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.
If you've noticed an error in this article please click here to report it so we can fix it.
Keywords :
Rate Of Return, Business / Finance
All of the NFC's other companies grouped together reduced a £5.3m loss to a £2.6m loss.
The estimated trading loss for 1978 is £3.5m provided outside forces, like oil prices, do not act adversely. Sir Dan expects a net profit for the Corporation by 1980.
It is estimated that the trading profit will have to be £19m to produce a net profit. Whereas private companies without the financial constraints placed on NFC need to show a return of 11.6 per cent on capital investment to break even, NFC has to return 16 per cent, it was said.
Tags
People:
Dan