business briefs
Page 61
If you've noticed an error in this article please click here to report it so we can fix it.
LEX SERVICE GROUP
Lex Service Group results for the first quarter of 1973 are well ahead of those for the same period last year — and 1972 was the company's sixth successive record year: turnover increased to £131m 11971: El 11m) and pretax profits went up 68 per cent to £7352000. "Although poor market conditions in the commercial vehicle business prevailed throughout the year. the company's commercial vehicle division's profit improvement programme started to take effect in the second hall-year. Total unit sales were up 7 per cent while the service and parts departments showed a 15 pc increase." Wilkinson's Transport Group, acquired in September, 1972, was one of the most successful companies in the express parcels sector. The Wilkinson network was expanded by the addition of Townsend Carriers Ltd, the parcels subsidiary of W. H. Smith and Son iHoldingsl Ltd.
SCOBRO
Already occupying a large site in Avis Way, Newhaven, Sussex, Schofield & Brown Ltd have increased their warehousing and distribution space by 50 per cent with the acquisition of an adjacent new building.