AESSEAL beats sales targets by £800k

Asseal

Rotherham-based AESSEAL has hit a new high with an unbroken three-month run of record-breaking sales.

The Rotherham-based manufacturer, which sells to 104 countries around the world, recorded £17.6 million in sales of mechanical seals, support systems and reliability-based product and service solutions during May 2019 – more than £800,000 over target.

The business had already beaten its previous record in March and again with even higher sales in April this year, achieving over £16.4 million in each month.

General Manager and Director Jim Hamilton said: “We put this fantastic success down to increased demand for high quality products which deliver reliability, swift return on investment and long-term value for money. AES continues to invest in technology that achieves this goal for our customers.”

He added: “This constant pushing forward is not without its challenges, however the excellent AES global workforce, coupled with teamwork across the board continues to respond proactively to overcome them. Our success is all the more gratifying in light of this.”

In its 2018 Annual Report AESSEAL® recorded a 6.3% rise in turnover to £181.3 million and a 15.7% increase in pre-tax profit to £34.7 million.