The board said it has decided to increase the interim dividend by 5 per cent to 23.74 cent per share to its shareholders. This dividend will be paid on to shareholders this year.
Articles from www.irishtimes.com 2009
At the start of the year the work force was forced in to a Pay Freeze within DCC-GB Oils.The Management quoted a down turn in predicated sales as one of the main reasons ? But after six months it has returned a operating profit at its energy division (yes thats the one that we work for), the company’s biggest business it,rose 22.9 per cent to €25.2 million.
And this is the same company that have just spent !!!
Shell Austria Oil Distribution €18m (SDA)
Bayford UK €24.7M
Brogan Holdings Ltd UK €47.2M (Cash)
That is a total of EUR89.9 million in less than a year yes EUR89.9 million.
Then there is the savings that has been made by all the pay offs lets say 20+ Drivers paid off in the UK over the last 18 months say £50.000 a driver saving about one million pound.
Update around the UK and I think it's nearer to 100 yes thats 100 drivers redundant, left or sacked within the last 13 months. Apparently the cost of running 1 truck is averaged at £60,000 per year so I make that a £6,000,000 saving. Will we see any of it? Dare they say no again? We'll see.
So with this buy out of Brogens their will be more pay offs in England and Scotland regardless of whats happens at the next Union meeting with the company. And if we get a pay award or not the axe will fall on the work force.
So i say its about time for all of us to stand up and be counted get your mates in to the Union and tell all the Brogen drivers about this Blog so that you the driver will have a voice to the Company and the Union.
Fantastic article. Great work Fraser. I agree, tell everyone you can about this blog get some support going and lets all pull together because I think we're gonna need each other very soon!!!!!
ReplyDeleteUnited we stand divided WE FALL , thats it! get your head round it! you have a chance to have a say, use it! give support too Fraser and all the other stewards that are working for you, IN THEIR own time! stop the moaning and help!!!!
ReplyDeleteWe here at brogans at the moment donot have the union although i feel it would be in our best interest to have this representation it would be help full if someone were to contact us so we could posibly get our applications in.
ReplyDeleteAllthough at the moment we are still rather dismayed at the take over as we were told almost right up to the end that there would be no take over so at the moment there is still alot of uncertainty among the employees as we still donot know what is going to happen to us as you all know we were quite a large company with depots close to the scottish fuels and also the other companys taken over
so as i say this is not a good time for any of us here we would be gratfull for any information
If you send a e-mail to fraser-ross@hotmail.com i will pass it on to a shop Steward in your region. or look to your left hand side an click on join Unite online and hand it to your local Union rep or post it on to your local office.
ReplyDeleteMerry Xmas Fraser