160m worth of profit lost every year
February 1st 2004

The latest Plimsoll Portfolio Analysis Cleaning Equipment & Materials has revealed that a cataclysmic 160 million of profit is being wasted in the UK cleaning equipment and materials industry every year due to blatant underperformance and a failure by company leaders to focus on the bottom line.

The latest publication from Plimsoll Publishing reveals: more than a quarter of companies are making a loss; 39 companies are losing money for the second year in a row; and 50% of companies make less that a 5% return on investment.

David Pattison, senior analyst at Plimsoll Publishing, comments These figures show just how competitive the UK cleaning equipment and materials industry has become. The ability to make a profit is becoming the exception, not the norm.

Although in the minority, 115 companies delivered a 10% return on investment in 2003, proving that success is achievable within the industry. This is the level of profitability required to provide a good return to shareholders, pay for investment and help to ensure company longevity.

The Plimsoll Portfolio Analysis gives each of the top 702 companies in the industry a Profit Plan that identifies how each company needs to focus on its bottom line and make more profit, and it identifies where improvements must be made.

The Plimsoll Portfolio Analysis cleaning equipment & materials costs 305 www.plimsoll.co.uk

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