High interest rates hit Lex Services
2th August 1990, Page 14
2th August 1990
Page 14
Page 14, 2th August 1990
— High interest rates hit Lex Services
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• Lex Services is the latest firm to feel the effects of high interest rates with half-year profits 27% down on last year. Pre-tax profit is £23.2m compared with £36.8m for the first six months of 1989.
The company, which is joint owner of Transfleet with Lombard North Central, recently acquired half-ownership in Seltra, a French truck leasing business, with an option to buy the rest in two years.