Morrison-PIM trading ‘buoyant’
PA Auckland The first four months of the current year have indicated continued buoyant trading conditions for Morrison-PIM Holdings Ltd, the company’s chairman, Mr Bernard Macedo, told yesterday’s annual meeting. “Printers and packaging companies throughout the country remain busy with good order books, some of which relate directly to export orders, but most to continuing local demand.” He warned that current factors made it difficult to
forecast through to the end of June next year. However, it was to be hoped that next week’s Budget would provide a clear and practical statement of policy that would enhance commercial stability and enable long and medium- ? range planning to proceed, with confidence. :
“Meantime today I see no real reason to doubt that Morrisons will do as well as last year. We are ahead of the game at the moment, and prospects into next year look reasonably good,” : Mr Macedo said.
The printing supplies group earned a profit of $2,09*1,902 in the 15 months to June 30. Dividend for the period was 35 per cent, paid on capital increased by a one-for-two bonus.
Included in the payout was a 15 per cent second interim.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19841101.2.122.8
Bibliographic details
Press, 1 November 1984, Page 26
Word Count
194Morrison-PIM trading ‘buoyant’ Press, 1 November 1984, Page 26
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in