Despec, the Dutch-owned EOS distributor, says it has successfully renegotiated its overhead costs to return the company to profitability for the coming year. Sales and marketing director Alan Siggins says that after a re-evaluation of the business: “The outlook for 2003 is good.”
Despec Group BV has subsidiaries in 18 countries worldwide. In the last six months its UK subsidiary has seen a number of management changes and gone through a period of consolidation.
28-Nov-2002