| Business Summary | | A.C.L.N.
Ltd.
is
an
independent
logistics
provider
and
wholesale
automobile
dealer
operating
primarily
between
Europe
and
North
and
West
Africa.
The
Company
operates
in
the
following
two
business
segments,
with
individuals
and
port
agents
in
15
ports
located
in
13
countries
in
North
and
West
Africa,
from
four
ports
in
large
established
markets
in
Northern
Europe:
door-to-door
logistics
services
for
cars
and
light
trucks
consisting
of
the
delivery
of
new
and
pre-owned
cars
and
light
trucks
to
purchasers;
and
wholesale
automobile
business
consisting
of
the
delivery
of
new
cars,
which
the
Company
purchased
on
a
bulk-discounted
basis,
against
pre-existing
orders,
to
purchasers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | A.C.L.N.
Limited
is
a
marine
logistics
Co.
which
arranges
for
the
shipment
of
used
automobiles
sold
in
Belgium
to
purchasers
in
North
and
West
Africa
and
the
Middle
East,
and
provides
related
customs
clearance
and
services.
For
the
six
months
ended
6/01,
revenues
totalled
$142.1
million,
up
from
$68.4
million.
Net
income
rose
62%
to
$31.5
million.
Results
reflect
increased
pre-paid
shipments
of
automobiles,
partially
offset
by
reduced
shipping
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Joseph Bisschops, 63 Chairman
and Managing Director | $200K | Aldo Labiad, 45 Pres,
Chief Exec. and Operating Officer and Managing Director | 200K | Alex De Ridder, 39 VP,
CFO | 130K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|