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estair De ron't stop nnis losses Delta plan
Page 7
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PITE a staggering 01.5m loss last , Hestair Dennis is continuing with avelopment programme for the Delta s of I6-ton lorries which mark its rn to the general haulage market.
le parent Hestair Group turned a ' pre-tax profit of £4.16m into a ,000 loss, and Dennis lost £21.5m, due ?ly to the cancellation of a large order vater tankers from Iran. These were ave steel cabs similar to that on the ly-announced RS fire engine (see 23).
des of the Delta II 16-tonner are said e going slowly but steadily, and are >tablishing the company's presence in the market. Dennis says it did not intend to sell large numbers of this model.
The big push will come in a few months' time when the steel-cabbed Delta 1600-Series becomes available, which will satisfy a demand for hand-built lorries.
As well as the RS fire engine, Hestair Dennis also has unveiled its Bulkmaster refuse collection vehicle, which also features the new steel cab.
The Hestair Group blames its poor finances on "an extremely severe and unprecedented drop in demand for farm equipment".