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ITT- EDO MBM 2008 Accounts Report Terminal Decline

* | 12.07.2009 11:43 | Smash EDO | Analysis | Anti-militarism | South Coast

EDO MBM 2008 Accounts
EDO Rugged Systems 2008 Accounts
EDO (UK) Ltd 2008 Accounts

attached EDO MBM accounts 2008 , EDO UK accounts 2008, and EDO Rugged
systems accounts 2008-


EDO MBM
Key figures
2008 compared with 2007

*

retained profit

2007 £867,000

2008 £753,000

*

Order input

2007 £12.7 million

2008 £8.6 million

*

Staff numbers

2007 132

2008 122

*
tangible fixed assets plant and machinery

2007 £1,614,000

2008 £1,313,000

*

cash in bank

2007 £2,943,000


2008 £3000

*
Net Assets

2007 £10,065,000

2008 £8,218,000

*

In Brief

EDO MBM is going down.

*

Comments

Hide the following 4 comments

Heehee!

12.07.2009 12:24

Good riddance.

Roland Rat


Super

12.07.2009 12:51

Super cool story bro!

Anonymous


go on

12.07.2009 13:00

have it

terry
- Homepage: http://www.decommissioners.wordpress.com


Good work!

12.07.2009 21:49

Though watch out for thinking they will be bankrupt and closed by the end of this year/next. The state will no doubt provide banking, insurance facilities and loans when the company get near to bankruptcy (like they did for HLS when it nearly closed before). Not to mention the obvious repression, locking up 'organisers' for decades etc.

EDO has become the symbolic value of the arms industry for UK anti-militarist campaigners, so the state will do as much as possible to keep it open. Even if the company aren't making money anymore and are costing the state, its the symbolic victory that worrys the industry.

Keep fighting though and the job will be finished in time!

@


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