Product category:
Manufacturing orders, contracts, financial reports
News Release from: ACI (UK)
Edited by the Manufacturingtalk Editorial
Team on 01 May 2003
Measurement and control turnover raised
34%
Measurement and control specialist ACI (Europe), the trading name and legal entity for the Acu-Rite (GB), Anilam and Quadra-Chek companies reports a healthy start to the year with Q1 turnover up 34%.
Measurement and control specialist ACI (Europe), the trading name and legal entity for the Acu-Rite (GB), Anilam and Quadra-Chek companies and their products, reports a healthy start to the year with Q1 turnover up by 34 per cent on budget, 21 per cent higher than the same period last year and 50 per cent higher than Q4 2002 While "this year's budgets reflect the tough trading conditions", says ACI (Europe) managing director, Phil Goulding, "the increases in particular have been generated by our companies' measuring DROs and glass linear encoder systems
This article was originally published on Manufacturingtalk on 30 Sep 2003 at 8.00am (UK)
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"For example, sales of certain measurement systems have achieved significant increases in both the UK and Eastern Europe," he comments, "including a high-volume DRO order from the Ukraine.
"Last year we made some tough decisions and restructured, and now all the companies under the ACI (Europe) umbrella are benefiting from that consolidation programme," Phil Goulding concludes.
"We wouldn't suggest it is boom time - indeed sales levels are some way below those of three years ago - but we are pleased with this result and cautiously optimistic about the future in what remain extremely tough conditions for everybody.".
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