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Universal Salvage to acquire further sites as demand increases

Universal Salvage expects to take on new sites as demand for its contract car salvage operation increases. It has added about 50% to capacity since last year. It recently leased a 19.43ha (48 acre) auction site at Sandwich, Kent.

It announced interim pre-tax profits up from £1.55m to £2.31m on turnover up 24% to £26.1m.

  • Financial Times 08/01/97 page 19
  • The Times 08/01/97 page 26
  • The Independent 08/01/97 page 16 (The Investment Column)

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