HOME 
Archive E-Commerce Archive Aero dynamic
Archive E-Commerce Archive Aero dynamic | Aero dynamic |
| Written by Business Weekly | |
| Saturday, 17 September 2005 | |
|
Herts-based Aero Inventory revealed that profits increased fourfold and sales more than doubled for the year ended June 30, a period which also saw the successful commencement of major contracts with SR Technics UK, SR Technics Ireland and GMF AeroAsia in Indonesia.
Herts-based Aero Inventory revealed that profits increased fourfold and sales more than doubled for the year ended June 30, a period which also saw the successful commencement of major contracts with SR Technics UK, SR Technics Ireland and GMF AeroAsia in Indonesia. Pre-tax profits for the specialist provider of e-based procurement and inventory solutions to the aerospace industry reached £7.2m, a massive increase of 332 per cent over the previous year (2004: £1.7m) and turnover hit £43.6m (2004: £21.1m), up 107 per cent. Nigel McCorkell, Aero Inventory’s non-executive chairman, said: “We expect further substantial growth in the year ending 30 June 2006 because the year will see a 12 month (as opposed to a 10 month) contribution from our major contracts, as well as organic growth as we extend the range of support provided to certain of our existing customers.” “Furthermore, there are a number of important new business opportunities under discussion.”
|
Delicious
Digg
NewsVine
Reddit
Technorati| < Prev | Next > |
|---|
|
Featured business directory listing
 Acro Precision Techology www.acro-eng.co.uk Category: Engineering |
Site Login
 |