Another Record Breaking Year!
Penny Hydraulics make it a fifth consecutive record-breaking year as turnover reached £8.7m for our 2017/2018 financial year. Such a feat should not be ignored in an economic climate that is filled with uncertainty due to political factors such as Brexit.
It is our diverse product portfolio which serves a number of different industries that has led to our continued success.
Robin Penny, MD of Penny Hydraulics commented:
“There is increasing competition in all areas of the business, but we have proven that we can continue to win contracts through excellent products, good quality and fantastic customer service.
It is great to be leading the team that works together to solve problems and deliver on time. The Board knows that to do this efficiently we need the best people and the best systems, and we have both.
The Company will continue to invest in systems and particularly the work-force as it is the people that have all the answers and there are now more young people joining us that are eager to learn and carry on with the service and innovation for which we are well known.”
Thank you to all of our team, customers, suppliers and partners around the world. We look forward to continued success in the future!