SELLA CONTROLS are delighted to announce that we closed our Financial Year 2019 with Sales Orders of £12.4m; an excellent performance matching our previous record year and driven from both a continued recovery in our process safety business combined with further significant growth across our rail business.
These sales orders drove both increased revenues and generated a solid order book, which provides an excellent platform on which we will maintain our momentum and deliver another strong financial performance for the new financial year.
Our Sales Revenues represent a 13% growth on previous year generated from improved performance in our process safety business alongside exceptional growth in our rail business:-
- Process Safety maintaining its improved performance of the previous year driven from increased safety systems engineering, Functional Safety consultancy, control panel works and Technical Support services.
- Rail Systems another record year with a combination of engineering systems, SCADA electrification works, station improvement programmes and our own Tracklink® range of systems.
All areas of our business performed well and generated strong operating profits and cash; which we have reinvested in the business. We have continued to enhance and grow our engineering resource and develop new business from functional safety assurance services whilst also continuing to invest in the development of new products, systems and applications.
These are exciting times as we maintain the momentum we have generated over the previous two years and our business continues to drive forward with SELLA CONTROLS; as an independent safety systems integrator; generating opportunities across new sectors and geographic markets combined with growth in our core markets.