close

Invacare’s bottom line remains flat as sales dip slightly

kuschall invacare

Invacare’s sales were £67.7m in 2017, compared to just under £70m in 2016, reflecting a marginally reduced bottom line for the company.

The UK company’s annual strategic report, published this week, shows that turnover reduced 2% while operating profit decreased from £2.2m in 2016 to £2.1m, for the year ended 30 November 2017.

In recent months Invacare has made several new launches, including its new LiNX technology, new colour combinations for its TDX range and the new E-pilot power add-on.

Story continues below
Advertisement

The report states that the directors are confident of seeing growth in 2018.

Meanwhile, the global group’s 2018 Q2 results show that net sales were up more than 5% compared to the same period last year.      

In February, Invacare Corporation announced that it wold be transferring production of Küschall manual wheelchairs from Switzerland to France in a move designed to create a central manufacturing hub for its European customers.

From 2013, Invacare’s UK arm has seen its operating profit rise very steadily, with a couple of fluctuations. Sales have followed a similar trend.

One of its key investments recently was the LiNX powerchair control technology that spearheaded its Trade Days offering last year.

It uses touchscreen technology to offer remotes featuring 3.5” LCD displays, Bluetooth connectivity and wireless programming, designed to offer better control for powerchair users.

Tags : invacare
Joe Peskett

The author Joe Peskett

Leave a Response