PROFILE |
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Hepworth, a maker of building and industrial materials, wants to heat up sales in the European Union, its main market. Water heaters and gas boilers make up 50% of sales, but the group also produces clay, plastic, and concrete pipes. The company, a subsidiary of private German heating group Vaillant, also processes minerals and chemicals (coating and grading a variety of sands, as well as making foundry products) and makes home products that include ladders, greenhouses, and garage doors. It sells the majority of its products in Europe, but it also exports to Asia. Having sold its brickmaking operations along with units that make radiators and scales, stools, and ladders, Hepworth was acquired by Vaillant in 2001.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 970.20
1-Yr. Sales Growth: (4.6)%
Employees: 6,213
Revenue per employee: $156,156.45
KEY PEOPLE |
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Jean-Francois Chene
CEO
Malcolm B. Heald
CFO
CONTACT INFO |
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2 Cavendish Sq.
London W1M 9HA, United Kingdom
Phone: 44-20-7307-7700
Fax: 44-20-7631-5444
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