Milton Keynes process control and image processing equipment manufacturer Harland Simon Plc, which stunned the stock market late last week with a warning that profits for the year to March 31 would be substantially below the UKP10.5m achieved in 1990-91 – thanks to the collapse of the Maxwell empire – has said goodbye to chairman Roy Ashman, who has quit the post, and is reinstating David Mahony to the position: Mahony, currently deputy chairman but chairman for the whole of the last decade, has confimed that all the group’s divisions are trading profitably; analysts forecast a profit level of around UKP4m.
