Taking Stock
Euro Sales Finance, which arrived on AIM at 111.5p in June 1995, jumped 35p to 210p. Interim figures, due tomorrow, are likely to emerge at more than pounds 400,000. In its last full year Euro Sales, which specialises in providing services for small companies, produced pounds 563,000.
Colin Forsyth, founder of the Pan Australian unit trusts, is chairman of The Sandwich Bank and Crust Co, which is on its way to Ofex. It is raising pounds 950,000, selling shares at 30p. The group produces sandwiches, has a van sales fleet and is building a chain of sandwich bars.
IAF, an investment finance group with interests spreading from a fleet of nine Boeings to property in Kiev, lifted interim profits 113 per cent to pounds 1.1m and should achieve pounds 3.6m for the year. The shares rose 5p to 117.5p, a year's high.
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