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ERF makes more

29th June 1995, Page 11
29th June 1995
Page 11
Page 11, 29th June 1995 — ERF makes more
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Which of the following most accurately describes the problem?

• ERF, one of a handful of UK truck manufacturers still flying the flag in national and international markets, has posted big profit and turnover increases for 1994/95.

Chairman Peter Foden is low key about the 12.28m profit and 44% increase in sales (to 3,366), but he adds that the turnaround from last year's loss is "pleasing".

The 44% increase in sales is -set against an increase of around 30% across the sector, putting ERF well above the market average.

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