Goss sees a 76% rise in orders

Newspaper press manufacturer Goss has continued its comeback by reporting a 76% increase in new orders for the year to 31 December 2000

Newspaper press manufacturer Goss has continued its comeback by reporting a 76% increase in new orders for the year to 31 December 2000.


New orders totalled 490m ($705.4m) and order backlog rose to 314m.


Net sales for the year increased slightly from 422m to 433m, while earnings before interest, taxes, depreciation and amortisation were 45.2m compared to a loss of nearly 70m last year.


Chairman and chief executive James Sheehan said the Illinois-based group had satisfied all its commitments to suppliers in a timely fashion by the end of the year.


He said the increase in orders and backlog demonstrated the confidence of customers and their recognition of the progress we have made.