Positive Signs for Manufacturing

Thomas Eggar Manufacturing Index of Top 100 Players in the South East Demonstrates Strength of Sector

Despite some commentators remaining cautious about recovery in the manufacturing sector, a report published by Thomas Eggar this month suggests that things are looking positive for recovery in the South East, which has the second largest concentration of manufacturing organisations in the country. The Manufacturing Index was compiled for Thomas Eggar by DECISION business magazine. The Index examines the performance of the 100 largest manufacturers in the region, and the overall results show that there has been an average growth of 12% in sales across a range of industries from traditional manufacturing such as pharmaceutical and automotive production to defence and nanotechnology suppliers. Caroline Armitage, a Partner at Thomas Eggar LLP and specialist on the sector stated: “Our work with numerous manufacturers in the region suggested a positive outlook for 2010, and this report confirms it. This news will have a far reaching impact on both the region, and the industry as a whole. As specialists we will be working with our clients to ensure this positive trend continues throughout 2010.” The report lists the sales, pre-tax profits and assets of each company, together with the percentage change over the year. The information was taken from the latest audited accounts filed in December 2009, and comprises all manufacturing organisation with a functioning head office or registered office at which directors are based within Berkshire, Dorset, Hampshire, Isle of Wight, Surrey, Sussex and Wiltshire. A copy of the report is available to download at: http://www.thomaseggar.com/webfiles/pdfs/Thomas%20Eggar_manufacturing%20index.pdf

Tags: