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December 9, 1987


By CBR Staff Writer

Hoskyns Group Plc is celebrating its first set of annual results since parent Martin Marietta Corp floated 25% of its equity on the Stock Exchange this time last year (see page five): pre-tax profits rose 44% to UKP6.51m helped by growth in all three areas of activity; Hoskyns’ systems integration skills were particularly in demand and now account for 52% of the UKP79m turn-over; major investments in R&D and international operations have led to two new important products, a repetitive manufacturing system and a Hewlett-Packard HP3000 based distribution system; overseas now contributes 14% of turnover, up from 8% last year; the board says it is very pleased with progress.

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