£10m turnover hike for Rotherham manufacturer
Yorkshire Business Masters 2018 award winner AESSEAL has seen turnover rise by more than £10m despite “political and economic turbulence”.
The Rotherham-based mechanical seal manufacturer said turnover had risen 6.3% to £181.3m in the year to31 December, 2018, up from £170.6m the year before.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 15.7% to £34.7m.
Group net assets rose to £122.8m, up 18.6% on 2017, and the group held a positive cash balance of £16.5m at year end, despite in... For the full story register now for free or login below...