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Steelite International announce record results

09 April 2014 by
Steelite International announce record results

Steelite International has announced record results for the fourth year in a row with sales of £89.6m in 2013 up by £19.4m the previous year, which includes £6.2m resulting from the acquisition of Royal Crown Derby in December 2012.

Pre-tax profits stand at £8.4m for the year, up 17% from the previous year; reflecting a strong increase in sales.

Kevin Oakes, chief executive at Steelite International, said: "It's been a truly incredible year for Steelite International, and I'd like to say a huge ‘thank you' to everyone involved. The commitment and passion of the team here and overseas has been a real driver for this growth.

Our overseas customers have seen a real value in the ‘Made in England' back-stamp."

Sales will continue to be bolstered by the rebranding of Royal Crown Derby with plans for the brand to move into the high-end hospitality market with new products and designs.

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