EuroTech Achieves 24% Growth in Sales

Eurotech has just filed its latest accounts which show a 24% growth in sales from £12.9M to £15.8M.

Managing Director David Douglas commented

“This has been our most sustained period of growth for a number of years, and is largely export led, with exports sales nearly doubling growing from £2.6M to £4.5M. Sales to Europe have been particularly strong, our biggest customers being in the automotive sector and the life safety product sector.

I attribute the strong growth to excellent customer service combined with improved efficiency and output as a result of lean manufacturing activities. The fact that this growth has been achieved without any addition to the workforce is testament to this.

We have also invested heavily in new equipment, and we are in the middle of a £2m investment programme in our Exmouth Production facility. Unlike some of our competitors, we offer full UK volume production as well as offshore facilities which gives us more flexibility along with customer choice and competitive advantage”

Notes:
The Eurotech Group plc is a UK owned and based printed circuit board manufacturer based in Exmouth, Devon. The company employs 150 people and the business has been making PCBs in Exmouth for nearly 50 years.

The certification is reassurance that EuroTech complies with a definitive quality management standard.  This is further proof of EuroTech’s commitment to providing the highest standard of product and service for its customers.

Date of Publication: 31 January, 2018

Other News

Stores Person

Stores Person

Stores Person required - Goods in and Out EuroTech Special Products are part of The EuroTech Group and has been in operation for over 30 years. Located in Poole, Dorset, it manufactures and supplies both bare and populated...

read more
Group Financial Controller

Group Financial Controller

The EuroTech Group Plc is one of Europe’s leading manufacturers of hi-tech printed circuit boards (PCBs) and high precision hermetic metal packages and associated components for the electronics industry. We are looking for a Financial Controller who will report to the...

read more

Let’s Work Together

If you have a question or observation, please do not hesitate to get in touch.