The Profit Track supports our inclusion for the 4th consecutive year in the Sunday Times Virgin FastTrack100 in 2012, something we are immensely proud of
This listing recognises Sprue Aegis’s performance, which places it among Britain's leading private companies with the fastest growing profits over the previous three years.
Sprue Aegis is Europe’s leading home safety products supplier and designs and sells smoke and carbon monoxide alarms including other safety related products throughout Europe under the FireAngel, First Alert, BRK and Dicon brands.
Sprue Aegis makes its first appearance this year on the back of appearing in the Sunday Times Virgin FastTrack 100 for the fourth consecutive year. They join a host of well-known brands in receiving this recognition for its performance and positive contribution to the economy. Sprue Aegis achieved an impressive 42% growth in profits per year over the three years to 2010, which increased from £1.3m in 2007 to £3.8m in 2010, putting it in 97th place in the league table.
Sprue Aegis has maintained a profitable performance in all its markets, building on its reputation of innovation and service, whilst proving its resilience through the recent tough economic conditions.
The company's ambition of further expansion into Continental Europe and UK trade markets has continued to develop successfully.
Graham Whitworth, Chairman and Group CEO commented:
“To be included in the Profit Track league table is a fantastic recognition of what can be achieved with a small team of dedicated employees and positive mental attitude. Despite the tough economic conditions, we have continued to focus on what’s at the core of our business – creating innovative products that help to save people’s lives.
“The Profit Track supports our inclusion for the 4th consecutive year in the Sunday Times Virgin FastTrack100 in 2012, something we are immensely proud of.”
Ian Powell, Chairman of PwC, the title sponsor of the league table for the thirteenth year, commented:
“The performance of the companies in this year’s Profit track 100 league table shows their incredible potential and their vital role in restoring our collective economic responsibility”
Date of issue: 18th April 2012
Issued by Sprue Aegis, Vanguard Centre, Sir William Lyons Road, Coventry, CV4 7EZ. For further information please contact Nick Hickman on Tel: +44 (0) 2476 323282 or Email: firstname.lastname@example.org
Notes to Editors:
About Sprue Aegis plc
With its head office in Coventry, UK, Sprue is Europe’s leading home safety products supplier and [manufactures] one of the world’s smallest carbon monoxide sensors for use in carbon monoxide alarms. Sprue designs and sells smoke and carbon monoxide alarms including other safety related products throughout Europe under the FireAngel, First Alert, BRK and Dicon brands. Sprue enjoys a strong European market presence, a leading UK retail footprint, is the supplier of choice to the UK’s Fire and Rescue Services and continues to develop its market share in the UK’s trade sector. Sprue has an established network of independent distributors within Continental Europe providing access into these key growth markets through local partners.
Sprue has patented technology in Europe, the US and other selected territories and its range of smoke and carbon monoxide alarms is independently certified to the latest European standards. For further product information, please visit: www.fireangel.co.uk or www.firstalert.euorwww.brkdicon.eu/enor www.sprue.com
We make products that save lives. It is a simple philosophy. Everything we do is focussed on providing market leading smoke and carbon monoxide alarms that achieve this objective.
We are serious about carbon monoxide and smoke detection and believe everyone should be properly protected with affordable and reliable home safety products from a company with brands you can trust.
We work with passion and seek to inspire those that work for us in the same way. We encourage our staff to “make a difference” to our business every day.
Fast Track has published league tables of top-performing private companies with The Sunday Times for the past 14 years, and its invitation-only events provide an opportunity for entrepreneurs to network and meet its sponsors. The company was founded and is run by Dr Hamish Stevenson, who holds an associate fellowship at Green Templeton College, Oxford University.
League table criteria
Companies are ranked according to the compound annual growth in their profits over three years, based on their latest available audited figures (either 2006 to 2009, or 2007 to 2010). The research therefore carries thecaveat that their performance may have changed since. Profits are defined as operating profit withdirectors’ remuneration added back. Companies had to be registered in the UK, and be independent, unquoted and ultimate holding companies.
The research was carried out by Fast Track between 1 November 2010 and 15 March 2011. The majority of companies were interviewed by telephone and/or visited by the Fast Track research team.
The sponsors do not endorse, guarantee or recommend investment in any of the companies on the league table
This press release was distributed by ResponseSource Press Release Wire on behalf of Sprue Safety Products Ltd in the following categories: Home & Garden, Business & Finance, Manufacturing, Engineering & Energy, for more information visit https://pressreleasewire.responsesource.com/about.