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April 11, 1988

SINTROM SEES ITSELF POISED FOR GROWTH AFTER CLOSURES, REORGANISATION

By CBR Staff Writer

Reading, Berkshire-based Sintrom Plc has returned pre-tax profits of UKP1.0m, marginally lower than last year’s figure, on turnover that increased to UKP17.6m from UKP16.1m. Group chief executive Terry Cave said that 1987 had been a year of significant change. Following a thorough review of its operations the group decided to merge its Ellinor Peripherals product lines into Perex, its computer peripherals manufacturing subsidiary, and Sintrom Electronics, the group’s distribution company. Sintrom also disposed of Legend Custom Displays, its liquid crystal displays design subsidiary. The year also saw a fundamental restructuring of Perex, including a withdrawal from design and volume manufacturing of tape streamer products. Sintrom Electronics however enjoyed record profits and revenues. He also said that initial sales for Network Quality Analyser, produced by Logic Replacement Technology – Sintrom’s local area network subsidiary, were promising. The group hopes to expand Sysmatic, its third party maintenance company, and improve its added-value distribution activities this year.

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