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Simon says Slimmer profits

24th September 1987
Page 12
Page 12, 24th September 1987 — Simon says Slimmer profits
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Which of the following most accurately describes the problem?

• A drop in half-year profits by fire vehicle engineering specialist Cheshire-based Simon Engineering has been described as "disappointing" by chairman Roy Roberts.

The reduction in pre-tax profits, from 210.1 million to 29.4 million, was partly blamed on low demand for engineering contracting.