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Counting the cost of recession
25 January 2013
The recession cost the UK Air Compressors industry £56 million in lost profit in the last year, according to research by Plimsoll.
The recession cost the UK Air Compressors industry £56 million in lost profit in the last year, according to research by Plimsoll.
David Pattison, author of the Plimsoll Analysis - Air Compressors, says “The recession has hit the sector hard with almost half the companies analysed making less profit than they were a year before.â€
However, there are still companies getting it right. Pattison says “Amazingly, there are 45 companies that have maintained or increased their profit margins in the last year.
Those companies prove that an efficient business selling the right product to the right market can still succeed in the UK air compressors industry.â€
David Pattison, author of the Plimsoll Analysis - Air Compressors, says “The recession has hit the sector hard with almost half the companies analysed making less profit than they were a year before.â€
However, there are still companies getting it right. Pattison says “Amazingly, there are 45 companies that have maintained or increased their profit margins in the last year.
Those companies prove that an efficient business selling the right product to the right market can still succeed in the UK air compressors industry.â€
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