ncreases now says ERF
21st August 1982, Page 5
21st August 1982
Page 5
Page 5, 21st August 1982
— ncreases now says ERF
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has reported a small profit for the three months ended June 3ut says that Government delay in sanctioning heavier lorries is ring down the market.
a statement to the annual eral meeting of ERF's sharelers at Crewe, chairman and laging director Peter Foden the improvement of the rterly period was due both to er sales at home and abroad.
le improvement in order induring the first quarter of the year had not been main-' tamed in the second quarter. Production and sales levels stayed down.
While anticipating a much better trading situation in 1983, Mr Foden said that the second half of the current trading year depended upon some improvement in the economy.