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oomy picture or Leyland

31st January 1975
Page 17
Page 17, 31st January 1975 — oomy picture or Leyland
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1.00MY picture for Leyland in 1975 is in the Corpora annual report for just published. Profits taxation were £2.3m iared with £51.3m in but a Om tax bill an overall loss of 1. Turnover was im compared with 1 in the previous year. lking about the ion in the truck and ivision, the report says ionic production was lown in 1974 to 64,000 because of supply diffi culties. In normal circumstances, says the report, this backlog could be recouped this year, but "due to the economic situation" domestic market sales in 1975 were unlikely to be higher.

The situation in world export markets is more encouraging, says the report, as are sales of buses which are likely to be up in 1975. Truck and bus sales rose from £218m in 1973 to £245m in the year under review.

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