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ALEXANDER CAMPBELL / LONDONUK manufacturer warns that delayed effects of economic crisis will be felt next yearAfter spending 拢85 million $136 million on acquisitions in the past 12 months, UK aerospace manufacturer Meggitt is expecting slower growth in the near term. Chief executive Terry Twigger admits his February prediction of only 500 commercial airliner deliveries in 2003 could prove a bit pessimistic , but warns that the company will see the delayed effects of the economic crisis coming through in 2004 .Twigger says the second half of 2003 should see a slow recovery in the civil aftermarket, depending on how long it takes to get SARS under control in China and Meggitt is aiming for 10% average annual sales growth over the next few years. The company achieved this level of average annual growth over the past five years, although sales dropped 7% in 2002.Analysts forecast that Meggitt s sales will rise 4% to 拢420 million this year. Half of its expected growth over the next business cycle will come from takeovers, says Twigger, adding: We have the ability to spend 拢100-150 million on the right acquisition. Meggitt already draws 63% of its sales from North America, where
owala website Twigger says it has the advantage of being able to manufacture locally. Most of our facilities have sister facilities in the USA. If [foreign manufacturing] was an issue, we would source in the USA. It s never been an explicit is
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yeezy shoes r and Austin Butler star in Jeff Nichols freewheeling ode to the bikerider gangs of oldSource: Walt DisneyThe BikeridersDir/scr: Jeff Nichols. US. 2023. 116 mins.Jeff Nichols brash, sprawling account of the late-60s/early-70s glory days of a Midwestern motorcycle gang burns onto the screen in a fug of petrol fumes, sweat and swaggering attitude. Inspired by the black-and-white photographs of Danny Lyons, the picture delivers a taste of a dangerous closed world. Our guide is Kathy Jodie Comer , the wife of brooding bad boy Benny Austin Butler, channelling James Dean down to the last hair of his brylcreemed-quiff who finds herself relegated to a distant
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