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[DV makes more

29th September 1994
Page 8
Page 8, 29th September 1994 — [DV makes more
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Which of the following most accurately describes the problem?

• Leyland Daf Vans (LDV) has announced interim pre-tax profits of .C8.3m on a turnover of £72m in the six months to 30 June. LDV's Norman Childs attributed the 28% increase in profits to increased sales of vans built to order and to a 50% surge in its press shop's panel business with Land Rover.

L Multipart (Holdings), which owns LDV's fellow Leyland Daf management buyout company Multipart Distribution, made £1.5m net profit on sales of £ 48m in the five months to 31 December.

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