Thursday, 11 August 2011
More on bikes....
At the risk of becoming fixated on the bicycle market here's a story about a British Brand which is doing well which might also be relevant. Bromptons make a folding bike, and are apparently doing well at the moment. I have seen quite a few of these on trains between Luton and London recently, although I'm not sure if there are any restrictions on taking them during the rush hour period.
The company which manufactures distinctive folding bikes ( pictured )at a plant in west Twickenham, saw its profits rise more than a quarter last year. The number of Bromptons sold in the year just ended - the majority of which go for export - was 80%up on the total four years earlier.
Without using FAME for detailed profit and loss accounts, it is now possible to check digestible company financials using the Keynote Database
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