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LDV vans join up

28th September 1995
Page 14
Page 14, 28th September 1995 — LDV vans join up
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Which of the following most accurately describes the problem?

• Birmingham-based van maker LDV has won a three-year order worth £12m for 751 vehicles from the Ministry of Defence and has appointed two new distributors to relaunch its range into Europe. The company, formed two years ago following a management buyout from Dal, has increased its pre-tax profits to £3m for the first half of 1995, with turnover rising to £98m from £72m for the same period last year. The MoD order has led LDV to create 70 new jobs with production up to 350 vans a week-75% higher than in 1993.

Tags

Organisations: Ministry of Defence
Locations: Birmingham