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Technology / AI and automation

PLESSEY’S FIGURES UP 0.5% ON PREVIOUS YEAR

Considering that the company threw everything including the kitchen sink into last year’s fourth quarter in order to bolster its share price against the GEC bid, Plessey’s figures ain’t too bad at all – report, P3 – and the company has recovered its honesty now that it is not under fire, and is comparing orders with those for the previous year-ago period rather than the previous quarter: at the end of fiscal 1987 they were up a modest 0.5% overall at UKP1,363.2m – the increase down to electronic systems.

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CBR Staff Writer

CBR Online legacy content.