Triplex challenged on orders
Friday 17 January 1997
In a highly unusual move designed to turn the tables on the bidder, William Cook highlighted yesterday's announcement from Ford, a customer of Triplex Lloyd, about big job cuts at its Halewood factory on Merseyside.
"Triplex Lloyd ... should come clean about its own prospects," said Andrew Cook, executive chairman. He said "unsubstantiated talk about new orders" should not divert shareholders from asking how many of Triplex Lloyd's big automotive customers were experiencing a downturn. Margins in its automotive division had been in decline, he said.
His comments drew an angry response from Triplex Lloyd, which said passenger cars represented only a sixth of its business. "Clearly William Cook does not understand Triplex Lloyd's business," a spokeswoman said.
"Our automotive business is very much commercial vehicle related, with Perkins being the main customer. To talk about Ford is entirely irrelevant."
The company had no intention of making any trading statement, she said.
- 1 Humans of New York image of crying gay teen receives best response yet from Ellen DeGeneres
- 2 What supermodels really think about posing in the nude
- 3 People all over the world are getting semicolon tattoos to draw attention to mental health
- 4 Black teen in critical condition after store employee 'shoots him for stealing 79-cent pack of cookies'
- 5 Chris Moyles reportedly set to make radio comeback with new breakfast show on XFM
Humans of New York image of crying gay teen receives best response yet from Ellen DeGeneres
Swedish minister gives strongest case yet on why EU should stop turning away asylum seekers
North Korean defector flees to Finland 'with evidence of chemical testing on humans'
Isis schoolgirl Amira Abase who fled London to join terrorists in Syria mocks victims of Tunisia massacre
Father faces deportation to Thailand after 27 years in Britain for two 'stupid crimes'
More Britons believe that multiculturalism makes the country worse - not better, says poll
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Osborne to cap family benefits at £23,000 – announced ahead of his post-election Budget
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
iJobs Money & Business
£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...
£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...
£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....
£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...