Dr David Simpson, chairman of Scottish circuit board maker Prestwick Holdings Plc, yesterday said that the return to profitability – UKP1.4m prer-tax against a UKP200,000 loss – was the direct result of firm rationalisation coupled with an expansionary programme and that prospects for the circuit board industry are improving after two years of recession – […]
Dr David Simpson, chairman of Scottish circuit board maker Prestwick Holdings Plc, yesterday said that the return to profitability – UKP1.4m prer-tax against a UKP200,000 loss – was the direct result of firm rationalisation coupled with an expansionary programme and that prospects for the circuit board industry are improving after two years of recession – and that Prestwick was in an ideal position to capitalise on this following a UKP13m, three year investment programme and new computerised management techniques.