Steelite registers record results


Stoke-based tableware manufacturer Steelite International has released record-breaking results for the fifth year in a row.

The firm achieved sales of £94m in 2014, performing well in all its global markets including Europe, North America, the Middle East and the UK.

The milestone figures follow a year of investment which has led to new products, new jobs and a clear vision for the future.

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Kevin Oakes, chief executive, commented: “This is a well-deserved result for the skill, effort and investment that has been put into the business over the last few years. I’d like to say a huge ‘thank you’ to everyone involved.

“The commitment and passion of the teams in Stoke, at Royal Crown Derby and overseas has been a real driver for this growth.

“We sell into more than 140 countries and I have no doubt that that our success is due to the high quality and design of our products manufactured here in the UK, with our overseas customers really valuing the Made in England back stamp.

"We are now, more than ever, committed to manufacturing in the UK, having laid the foundations for growth and success, ensuring the business is fit for the future.”

The last year has seen manufacturing expansion plans continue with the commissioning of a new 2,000mextension at the Stoke factory, enabling the business to continue to meet the increasing demand for product.

Oakes concluded: “The last year has seen the business face difficult macro political and economic factors in its global markets, alongside strong competition and fluctuating exchange rates. Through the skills and efforts of our superb work force, we have handled these issues and positioned the business well for the future.

“This is a very exciting time for the group, and the plans we have for both Steelite International and Royal Crown Derby will ensure that we maintain our growth."


Tags : financial resultsresultssalessteelitetableware
Clare Nicholls

The author Clare Nicholls

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