Heating and Ventilating

 

SAS International reports record profits

SAS International has announced record pretax profits for 2010 with the company's turnover up 9.3 per cent to £74 million, from £67.87 million in 2009, and with a profit of £7 million.
Export orders also increased by 127 per cent supporting the growth in turnover, although orders in the UK for the year showed a downturn.

SAS International's owner Eddie McElhinney said: 'This is an outstanding achievement for the entire company in what has been a difficult time for both the manufacturing industry and the construction sector in the UK. By investing and developing our UK based manufacturing facilities supporting projects within the UK and fast developing export markets with our focus on design expertise, innovation and delivering value, the business continues to grow.'

He added: 'We envisage true growth will not return to the UK until 2013. However export markets continue to remain attractive although the recent political volatility in the Middle East is seeing some delays to the commencement of major projects.'

SAS International products include metal ceilings, partitioning, doors, room comfort products and architectural metalwork. The company has also announced plans to extend its manufacturing facilities in Maybole, Ayrshire, Scotland. The 7,500m2 extension will add manufacturing capacity for the company's range of architectural metalwork products. The company is also continuing to grow its facilities in Bridgend and Oldbury in the UK.

Follow HVROnlineEditor on Twitter
28 June 2011

Comments

Already Registered?
Login
Not Yet Registered?
Register

Schools strongly support heat decarbonisation, but barriers hinder progress – Baxi research

A survey conducted by Baxi of 200 state school estates managers, consultant engineers and M&E contractors has found that while enthusiasm for net zero and support for low carbon heating systems in schools is thriving, persistent barriers remain....

  01-May-2025

Ideal Heating Commercial takes extra care with the heat network at Huddersfield specialist housing development

Ideal Heating Commercial POD Heat Interface Units (HIUs) and Evomax 2 condensing boilers have been installed into Ash View Extra Care in Huddersfield as part of a heat network designed to heat the 50 one and two bedroom flats and communal areas, ...

  30-Apr-2025

STOKVIS R600

CONDENSING ULTRA LOW NOx PREMIX COMMERCIAL BOILER
  10-Jan-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

HVR Awards
BESA Industry Awards
http://www.heatingandventilating.net/sas-international-reports-record-profits