September 27, 2011
Pre-tax profits climb £640,000 ($994,506/€737,427) in twelve months.
Brother Industries’ UK division has reported an increase in pre-tax profits from £7.86 million ($12.2 million/€9 million) to £8.5 million ($13.2 million/€9.77 million) since 2010.
Based in Audenshas, Tameside, Brother UK distributes printers, copies, fax machines and electronics labelling devices. They currently employ 177 people and expect to recruit this years as it strives to expand, including the initiation of the managed services division.
Phil Jones, Sales and Marketing Director, commented: “We have continued to deliver positive underlying sales growth by reading the way the industry is moving and meeting the challenges.
“Our decision at the start of the recession to focus on meeting the needs of ambitious small businesses and to step up our support for our channel partners – independent retailers – is paying dividends.
“Our results for the financial year are in line with expectation. We will remain strategic in our outlook and ensure that the business is well-positioned to exploit future opportunities.”
Brother UK aims to double those sales over the next five years.
OEMs appear to be at odds with their approach towards the UK; while Ricoh aims to double printer sales within the next three years, Dell has slashed 2012 forecasts.