Sales continue to soar in 2007
Stairlift manufacturer Minivator has announced another year of continued growth with like for like sales increasing by 13% over 2006. Having enjoyed another strong year in both the Trade and Government sectors Minivator has also reported an operating profit up 32%. Performance in international markets was also strong with Sterling Stairlifts, their US subsidiary, again achieving high double digit sales growth.
Reflecting on 2007 Chief Executive Mike Lord Commented “2007 was a busy year for the team at Minivator: it is amazing to think the business is now five times bigger than it was when it was acquired just seven years ago! We have continued to invest in both New Product Design and IT, with last year seeing our third successive year of record capital investment.
Last years investment has built the foundation for an even busier year in 2008. We have got off to a flying start having achieved some early wins gaining established business from key competitors. We expect to continue this run as we role out our eVolution service package and embark on a programme of new product launches which promises a year where we introduce more products and developments than ever before.”