Yorkshire Manufacturing 2012: Optare back in profit

BUS manufacturer Optare broke back into EBITDA profit during the summer, chief executive Jim Sumner has revealed. 

The confirmation Optare made a profit in July represents a siginficant landmark in the turnaround of the Sherburn-based business where Indian firm Ashok Leyland became majority shareholder earlier this year.

“Since then market registrations in the UK are up 50% from January to September, compared to last year and the export business is up substantially – something Ashokhas really helped with i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...