UK - According to company valuation specialist Plimsoll, there is good news for the UK sound equipment industry as we begin 2005. According to Plimsolll, 47% of companies in the industry have seen their values increase in the last 12 months, some by as much as 50%. David Pattison, senior snalyst at Plimsoll, maintains: "Having valued many companies in the UK sound equipment industry in the last two years, I am amazed that despite poor margins and low growth being commonplace in the market, so many of them have managed to increase in value. While 11% of companies saw no change, only 42% of the industry suffered a fall in value."

Pattison believes that the key to improving the value of a company in a highly aggressive marketplace is to get the fundamentals right: "In 2004, many companies in the industry focused solely on increasing sales at all costs. Ironically, it is the companies that chose instead to focus on improving their internal structures that have increased in value the most."

Plimsoll's Company Valuation Service offers a detailed valuation and analysis of your company. To put your valuation into perspective, the same exercise is conducted for your 10 closest competitors and the results presented in a bound, 80-paged analysis. A future 'business plan year' is also included for each company to show how it might improve in value, either under existing or new ownership.

(Lee Baldock)


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