Updates and Ideas

IFTE - Growth from fire safety systems

February 2002

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

There can be no doubt that IFTE (125p) is on a flyer at the moment. Government initiatives designed to improve fire safety following the 11September atrocities means that most airports are re-examining the training they provide to their fire-fighters. Founded in1993, IFTE is a world leader in the design and sale of specialistsimulation equipment used to provide "live fire" training to emergencyservice personnel in both the civil and military markets. We metchairman, David Williams, over the month. In particular, we were impressed by the way the business has been strengthened in the past 18 months. After the travails of the first six years, building a business that was undercapitalised, in 1999 under Williams' hand, IFTE ...

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The Growth Portfolio

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IFTE - Growth from fire safety systems

February 2002

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