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Devon conversions predicts a boom

13th December 1990
Page 20
Page 20, 13th December 1990 — Devon conversions predicts a boom
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Which of the following most accurately describes the problem?

• Minibus specialist Devon Conversions is forecasting that its profits will more than double this year after concentrating on its ambulance and welfare vehicles. Ambulance sales are currently up by half and welfare vehicles have almost doubled.

The firm is aiming for a 15% growth on its £3. 25m turnover in 1991. However Chairman and managing director Gareth Haylett warns that 1991 will be tough.