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Comment: Issue 608 26 Oct 2012

‘Can do’ firms finding ways out of the downturn

Lee Baker

Adversity, they say, is the mother of invention. The transport sector is showing that this is the case, and in spades.

We have contractors such as Carillion that are managing to increase the profitability of their construction work in the UK even as they deliberately reduce their revenue in this area by being pickier about the work that they bid for.

We have suppliers such as Tarmac, in expectation of rocketing bitumen prices choking off demand and hitting their bottom line, diversifying by...

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