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February 14, 1988

PROFITS FLAT ON TURNOVER 10% AHEAD AT HONEYWELL BULL UK; ORDERS RISE 18%

By CBR Staff Writer

New orders, up 18.3% at UKP153.7m, were the brightest spot in the 1987 performance of Honeywell Bull Ltd in the UK. Profits were a tad down at UKP23.3m – the company blames this on the upheaval and cost of having to stick Bull after the Honeywell on everything at the company from letter-heads to signs, sales were 10.1% ahead at UKP195.1m. The company is particularly proud of its performance in the local government sector, where more than 100 authorities in the UK and Ireland are Honeywell users – many of them around the company’s plant in Newhouse, Glasgow, where the DPS 8 and 8000 mainframes and DPS 6 and 6 Plus minicomputers are manufactured. The UK company will add another 250 staff by the end of the year, mainly in sales and sales support, marketing, and at the Systems Division in Hemel.

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