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Number of messages: 5

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Lindeman
Hants, United Kingdom

Linde internal re-shuffle?

Smells like job losses.........

watch your backs!

Posted 17 May 2007 12:59 AM

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Herald
lancashire, United Kingdom

HI Lindeman is all this to do with kion and the yanks?

Posted 17 May 2007 2:34 AM

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alan_m
United Kingdom

Looks like they have not had the returns as expected,go to companies house webpage,type in LTD company name..pay your pound and see for self,it might help...might not.

Posted 17 May 2007 5:51 AM

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Lindeman
Hants, United Kingdom

It would certainly seem that the accountants are paying an awful lot of attention to management these days, which is never a good sign!

The camberely depot is also looking fractious

;-(

Posted 18 May 2007 8:21 PM

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bill_reimundus
Essex, United Kingdom

Hi Lindeman and Alan M,

Bean counters putting the slide rule over Linde's UK operations, if true, is hardly surprising. Alas, a search at companies house will not throw much light at present because the 2006 annual accounts for Linde's biggest UK subsidiary, Linde Material Handling (UK) Ltd, will not be filed until about the end of October. Their annual accounts for the five years of 2001 to 2005, however, make grim reading. In 2005 they lost £2.1m and in 2002 £17.4m while combined profits for the other three years were a derisory £2.2m, according to the Plimsoll report on the UK forklift industry.

Private equity moguls like KKR, part owner of Kion, would see their sobriquet of barbarians at the gate somewhat tarnished if they failed to weild their swords.

Posted 27 May 2007 7:16 PM

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