close

Drive DeVilbiss Sidhil accounts show turnover climbed 14% last year

money-2696219_1920 (1)

Drive DeVilbiss Sidhil, manufacturer of products for acute healthcare as well as nursing homes and primary care, saw a 14% increase in its turnover in 2019 compared to the previous 12-month period.

Despite the increase in turnover from just under £23 million to £26.14 million, Drive DeVilbiss Sidhil reported a 3.4% decrease in profits compared to 2018, from £5.84 million to £5.65 million.

By year’s end it had net assets of £17.1 million, compared to £13.63 million (2018), according to accounts filed this week.

Story continues below
Advertisement

Its forward-looking statement said: “The company’s continued focus on research and development aims to increase the number of new and improved products. Maintaining a watching brief on changes in legislation and nursing techniques helps to keep the product range at the forefront of technology.”

Drive DeVilbiss Sidhill is a family-run company first established in 1888, now operating out of West Yorkshire.

Its products include hospital beds, mobility aids and more, for both private and public markets across Europe.

Tags : Drive DeVilbissDrive deVilbiss sidhil
Sam Lewis

The author Sam Lewis

Leave a Response