UK-leading generator specialist Dieselec Thistle Generators has delivered another successful year, demonstrating improved profitability and growth in turnover. A further 10% growth is expected by its financial year end in June to reach in excess of £15m.
The business credits exceptional growth in the UK health sector as well as a boost to its export markets, and high volume orders for standard generator sets.
Paul Moore, Managing Director at DTG, said: “We have developed a strong track record in delivering large NHS energy centre projects to the UK health sector including installations at the Royal Hospital for Children and New Queen Elizabeth University Hospital in Glasgow; The Northumbria Specialist Emergency Care Hospital in Cramlington and West Cumberland Hospital, during 2017. With a further £4m of new business and work already in progress at the Midland Metropolitan Hospital, University Hospital of North Tees, East Lothian Hospital and Orkney Hospital, our power solutions team is technically expert in this area, and it has really gathered momentum.
“Our overseas sales are also up due to exchange rates. We sell an excellent quality product in our FG Wilson generator range, and our strong stock levels means we can deliver quickly.
“Thanks to our strong sales, we have continued to re-invest in the business including the addition of a hire fleet for temporary power requirements and the installation of TomTom WebFleet technology, along with a number of continuous improvements at our Glasgow HQ and to staff development and training. This is critical to us leading the way in our market, and delivering the best outcome possible for our customers.”
As DTG moves positively into 2018, stock levels will be further increased to ensure even better availability and to help satisfy existing demand. The business will also look to build upon its success in existing markets whilst identifying new opportunities in other emerging markets.