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Distributor business helps drive Meiko growth

Bill Downie Meiko UK MD crop
Meiko UK MD Bill Downie welcomed distributors’ support.

Warewasher specialist Meiko has released its 2015 financial results which show that overall UK turnover grew by 5.5% to £16.4m.

The manufacturer confirmed that £6.4m of this figure was from business with distributors, accounting for 39% of the total.

Meiko said sales through dealers experienced a double digit increase of 18%.

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The strength of the UK pound against the Euro has also helped to boost profitability and decrease costs, reported MD Bill Downie.

“The new 2016 price list, to be issued at Hotelympia, will not only show no increase (in most cases), but for some products there will be a reduction in price.

“Our business from distributors has increased substantially, so I would like to say a huge thank you to our distributor partners and their teams for continuing to support us.

“Meiko dealers understand that ‘value, not just price’ is the driving force behind our joint success.”

Tags : Distributorsfinancial resultsMeikowarewashersWarewashing
Clare Nicholls

The author Clare Nicholls

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