LDV

This Birmingham company, which makes light commercial vehicles, is so confident about the future of car making in Britain that it has just invested £40m to update its 85-acre site where it makes some 13,000 vans, minibuses and chassis cabs each year. The company was formed in a buyout of Leyland DAF Vans and is now owned by investors led by 3i. It had sales of £141.1m in 2003, when operating profits slipped from £8m to a loss of £12m.

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Company details
Year2005
Rank218
CompanyLDV
ActivityCommercial vehicle maker
LocationBirmingham
Sales £m141.1
Operating profit £m-12.5
Main shareholders3i, Baring English Growth Fund, European Acquisition Capital
Staff932
Founded1993
Websitewww.ldv.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda