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ADAS performance hit by pension deficit

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DEFRA's shrinking research budget also hits order book

28-Apr-09 

The scale of ADAS's staff pension commitment is highlighted in its latest financial accounts, covering a year and ten days ending 30 September 2008. The company ended the period with a £1.6 million operating loss due to £4.3 million in “administrative expenses”. Environment Analyst understands that a significant proportion of these expenses relate to ADAS's pension commitments.

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