RE: Outlook ???1 Jun 2020 13:10
Just to be clear, I NEVER seek sensitive info from my boy, I would not put him in that situation. We obviously talk about generalities, product developments and 'internal mood', but I also know a couple of senior managers who give me a steer when they feel they can. When they refer to vehicle stock, I know that it's not just dealer stock. There were many vehicles being held off site last year, but I would be simply guessing at the volumes, sorry. As we all saw from previous RNSs, they have been very successful in getting out of these in Q1 (460 from memory?). So, the situation was obviously not good, but a big improvement has already been made. Clever use of furlough to help them with this, and there is no particular reason why Gaydon couldn't adopt the social distancing rules being used at St Athan. If you've been on a Gaydon factory tour, you'll know that it's a fairly roomy line. Purely tactical in my view, and a clever move.