Browsing through CityA.M. as I made the painful, rain-affected tube journey from East London to West London this morning, I came across a story about one Neil Warner. He’s the finance director of Chloride and was one of the nominees for the FTSE 250 FD of the Year Award at the 2008 Real FD/CBI FDs’ Excellence Awards. Chloride makes secure power equipment and yesterday released another lot of impressive annual figures. Sales are up 31 per cent to £267.6m while adjusted profit before tax stands at £33.3m – up 54 per cent. The company has also just announced it will acquire 90 per cent of India’s DB Power Electronics in two tranches by July 2009. In the CityA.M. article, Warner is quoted as saying: “We will continue growing in India, we are building in Vietnam, and we are looking seriously at Malaysia and Korea.” Meanwhile, in a seperate Reuters piece I also read, Warner refuses to be drawn on speculation the company may be bought by an American firm. Exciting times. Picture source
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
