Optare (AIM:OPE) wrong kind of snow shakes bus maker’s December
Optare, which was formed in 1985 out of the old Leyland Bus business, has led the revolution in low floor buses. The company is now focusing on hybrid technology and energy saving drivetrains.
Its latest trading update confirmed that the order book had further improved from £24.4m per the interim statement on the 30 September 2010 to over £34m; the group has also forecast a stronger output for 2011.
However, the cold and snowy…
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