Automotive Industry
Industry: Email Alert RSS FeedRicardo chief expects tough times to continue.(News)(Rodney Westhead)
Automotive News Europe, October, 2003 by Chew, Edmund
 | Content provided in partnership with |  |
Byline: Edmund Chew
Business will not get any easier in 2004 for engineering consulting firm Ricardo plc, CEO Rodney Westhead said.
The company was stung by a number of order cancellations in 2003. Westhead called it Ricardo's toughest year in a decade.
Sales fell 4.6 percent to [pounds sterling]136.6 million ([euro]196.7 million) in the financial year ending June 30. Pre-tax profit fell 3 percent to [pounds sterling]16.2 million ([euro]23.3 million).
But Westhead is confident carmakers will not stay away for long.
- Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »
Automakers will need to outsource more work to ...
Read the rest of this article with a Free Trial at HighBeam Research.Find Research Guides for:
Find Featured Titles for: Reference
- Academe
- African American Review
- African Arts
- African Studies Review
- Afro-Americans in New York Life and History
- Alabama Heritage
- Alabama Review
- American Mathematical Monthly, The
- Anglican Theological Review
- Annals of Dyslexia
- Arab Studies Quarterly (ASQ)
- Auk, The
- Australian Journal of Anthropology, The
- Christian Century
- Natural History
Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »