ERF in the black
30th June 1994, Page 10
30th June 1994
Page 10
Page 10, 30th June 1994
— ERF in the black
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• The growing market for tippers in the UK helped independent truck manufacturer ERF's return to profitability in the second half of last year. According to a company spokesman: "Sales of tractors and multiwheelers to smaller general hauliers have emerged as a new and strong customer base".
The company is recruiting more staff to increase production levels by 40°,,, over the next three months. Vehicle sales totalled 2,339, up 20% on last year. The strong half-year performance was not strong enough to haul ERF into profit for the whole year although its pre-tax losses were slashed from £4.12m in 1993 to £26,000.