Company Profile >> Sales and Future Growth
Sales
Sales revenue has continued to rise on a year by year basis to it’s current level (in excess of $7 million). Exports increased to 60% of turnover, with the USA overtaking Europe to become the major overseas market.
Future Growth
Increasing demand, and a continuing programme of product development (focusing on vertical markets) is expected to maintain the company's growth, in line with the boards’ objective of doubling turnover every three years. Maintained profitability, a strong balance sheet and excellent liquidity positions the company to further develop it’s design and manufacturing operations and to exploit opportunities for strategic acquisitions. The company also intends to further develop strategic alliances with technology partners. Such alliances have enabled the company to target and penetrate highly specialised market sectors with joint technology products.
