Partner Article

Zytronic displays positive outlook

TOUCHSCREEN company Zytronic is gearing up for a sales boost fuelled by Coca Cola and growing demand in the white goods sector after announcing a 16% climb in new business.

The Tyneside firm saw its revenue rise 3% to £8.2m in the six months to 31 March, while it increased its export sales to 89%, compared to 86% in 2009.

The Blaydon-based group, which makes touch sensors and optical filters for electronic displays, made a pre-tax profit of 1.06m, a slight increase on the previous year.

The firm said its two large areas of new business – ‘Coca Cola Freestyle’ drinks fountains and sales to the white goods sector – are on schedule to provide increasing sales volume in 2010/11.

A company statement said: “The strength and vitality of the management team, combined with the continued strong growth in the order book, give us confidence in the continued improvement of the Group’s trading performance going forward.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .