Equipment manufacturer's turnover up 30% on record sales
A Co Down manufacturing company has reported record sales and a 30% increase in turnover.
Sepha Ltd, which makes equipment for the global pharmaceutical industry, said that sales of its recently extended range have grown across all major export regions as of the end of the last financial year. Sepha employs 23 people and exports to 60 countries across the world, with a strong order book helping to create three new jobs for mechanical engineering graduates in the firm's research and development division.
Sepha has introduced three new machines over the past two years and has made further refinements to existing products.
The company's head of sales and marketing, Paul Kelly, said that while the sector has not been immune from the effects of the downturn, diversifying and listening to customer feedback has been key to success.
"The recession hit the global pharmaceuticals market like every other market and we had to respond to the challenges we were facing," he said.
"At the heart of our response was a product development and market diversification strategy."
Mr Kelly said the introduction of three new machines in the past two years helped to boost profits.
He said the firm is preparing to embark on a customer roadshow across three continents.