Acquisition of Blakell Europlacer
Group order intake of £22.7 million ahead of our budget of £21.5 million, representing 20% growth from £18.8 million in the prior period. Record order intake for each 3 quarters
Boosted by strong demand for atom orders £4.2 million, including a record order of £2 million from Shanghai GFIT (6x atoms, 3x printers & 2x storage towers)
Sales of £18.6 million behind our budget showing no growth in this year of consolidation
Record order book backlog of £8.4 million at 30 September 2018 up from £4.4 million at 31 December 2017; provides the opportunity to catch up in Q4
Number of customers billed over 9 months totals 520 (4% growth)
Customer Service Excellence Awards for both Europlacer & Speedprint – with customer satisfaction ratings of 99% at APEX USA trade show
UK Electronics Industry Awards for Best Customer Service and also atom3 (Aerospace, Military & Defence Product of the Year)
Repayment of loans for acquisition one year early
