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 Woman 'suffocates newborn baby in plastic bag and puts it in her desk minutes after giving birth'
- 3 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 Chinese student carries disabled friend to school every day for three years
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
iJobs Money & Business
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50000 - £55000 per annum: Ashdown Group: Business Analyst - Financial Service...
£18000 - £23000 per annum + OTE £45K: SThree: At SThree, we like to be differe...
£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is the o...