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Two directors break £1M level

NZPA London Two directors of a Londonbased company have broken through the £1 million (JNZ2.4BM) a year pay barrier, according to a survey of high-flying firms. The two men are listed as Maurice Hatter and Montague Digby Cutts of IMO Precision Control, an eiec-

tronics trading company. The study showed their firm’s profits rose by 50 per cent to £2,414,000M (SNZS.99M) and that the emoluments of the two directors totalled £2,303,000 (SNZS.72M). Their performance is featured in the Growth Com-

panies Register 1988, a study of the 2000 fastest growing private businesses published by Financial Publishing. Top of the list of fastest growing companies was the electronics firm, Electro Acoustic Industries. Its profits rose by nearly 4000 per cent .from £12,000 (SNZ2B,BII) to £487,000 (SNZI.2I million).

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19880706.2.150.17

Bibliographic details

Press, 6 July 1988, Page 36

Word Count
131

Two directors break £1M level Press, 6 July 1988, Page 36

Two directors break £1M level Press, 6 July 1988, Page 36

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