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Company results

 

 

Q1 2003 I Q2 2003 I Q3 2003 I Q4 2003
Q1 2004
I Q2 2004 I Q3 2004 I Q4 2004
Q1 2005 I Q2 2005 I Q3 2005 I Q4 2005
Q1 2006 I Q2 2006I Q3 2006

 

Q3 2006
2006 Q3 results show continued superb growth throughout the companys diverse range of products. New for the forth quarter is a new distribution deal for KEM, Lake and AW flow meters that will help fuel sales growth and take the flow division further into the offshore market. A new brochure showing the range of biodiesel filtration products is also launched, in time for the Biodiesel-Expo, bringing together all the biodiesel products available. Filtertechnik is a sponsor of the Biodiesel-Expo. The next quarter will see delivery of large flushing rigs for OEM use.

Q2 2006
2006 Q2 results show continued excellent growth throughout the companys diverse range of products. New for the third quarter is a new distribution deal for KEM, Lake and AW flow meters that will help fuel sales growth and take the flow division further into the offshore market. A new brochure showing the range of biodiesel filtration products is also launched, bringing together all the biodiesel products available. The quarter also saw some large orders for flushing rigs for OEM use.

Q1 2006

2006 Q1 results show exceptional sales growth of over 20% over Q1 2005. The Company has won several large flushing contracts during the quarter and has supplied flushing machinery to a number of UK OEM's to enable them to meet tight contamination standards imposed by their customers. Additional growth areas are in Hydraulic test equipment sales and growth in flow meters and instrumentation. The increasing use of biodiesel has also helped the filtration division grow sales of particle counting and special water in oil removal systems.

 

Q4 2005

2005 Q4 results show sales above the same quarter in 2004. Overall the year saw sales grow by 10%. The Company continues to work on several managed filtration contracts and hopes to secure some new sites to help with their filtration needs. New storage and expansion of the test areas are planned for early 2006.

 

Q3 2005

2005 Q3 results show sales in line with the same quarter in 2004. The Company is working on several managed filtration contracts and hopes to secure some new sites to help with their filtration needs. The quarter also saw the re-launch of the new look yellow website, initial feed back has been positive. Anyone wishing to give their views on the new design can do so via the win an iPod link.

Q2 2005

2005 Q2 results show a slight increase over the same quarter in 2004 but a dissapointment that the growth was not greater. The Company is launching several new products and services in the next quarter which will fuel product sales growth, particularly in the overseas particle counter area. The Quarter saw over 200 people attending regional cleanliness seminars aimed at educating Engineers on the benefits of contamination control.

Q1 2005

2005 Q1 results are a record quarter for the company reports Richard Price, MD of Hydrotechnik. Strong sales of all product lines and exciting new flushing applications contributed towards this sucess.

Prospects for 2005 are good with a healthy order book going forward and new sales staff developing sales in the Flowtechnik and Flushing departments.

New products and services being launched in the coming months will further enhance sales and markets.

Q4 2004

2004 Q4 results are a record final quarter for the company reports Richard Price, MD of Hydrotechnik. Strong sales of all product lines and exciting new flushing applications contributed towards this sucess. Sales are up a massive 30% over last years final quarter bringing the total sales growth for 2004 to 24% over 2003.

Prospects for 2005 are bright, a large order book going forward and 2 new sales staff to develop the Flow and Test instrumentation side of the business will help drive sales forward. Major objectives for 2005 are to ensure Hydrotechnik is the clear number 1 in hydraulic test equipment and that Filtertechnik reaches its potential as a major filtration technical company selling filtration products and services.

Q3 2004

2004 Q3 results are a record quarter for the company reports Richard Price, MD of Hydrotechnik. Strong sales of all product lines and exciting new applications and markets all contributed towards the sucess. Sales are up a healthy 24% over last year at the same point last year.

The quarter saw some excellent new filtration market develpoments which will help to drive future growth and sales income. Hydrotechnik have also launched a new 80 page catalogue detailing all the companies products for sale, this now includes the 32 channel 8050 instrument.

Developments for the last quarter will be the launch of a revolutionary new filter media capable of massive water removal from within oil solutions. This product will be branded Filtertechnik and be available for sale worldwide.

Q2 2004

2004 Q2 results are a record second quarter for the company reports Richard Price, MD of HYdrotechnik. Strong sales of all product lines and exciting new applications and markets all contributed towards the sucess. Sales are up a healthy 16.5% over last year at the half year point.

The quarter saw the successful "Cleanliness Summit" held at the North Notts Fluid power centre. 140+ top Engineers attended and gained valuable information on cleanliness related subjects. Subjects covered were particle counting, understanding oil analysis reports and flushing systems. International speakers including Martin Williamson of Noria UK spoke on diverse topics such as water removal in hydraulic systems.

Q1 2004

2004 Q1 results are a record for the company reports Richard Price, MD of HYdrotechnik. Strong sales of all product lines, a major upgrade path to 5050 hand held instruments and a healthy contribution to sales from the PC9000 and new GSM option particle counter as well as the filtration trolley family of products all contributed towards the sucess.

The quarter saw a successful year of divisionalisation, a process started in Q1 2003:- Hydrotechnik for test equipment, Filtertechnik for filter products & particle counting and Flowtechnik for flow & related instrumentation.

The company as a whole has many exciting new products and projects which will start to show results in the coming months. New instruments for hydraulic test and data logging will appear in Q2 2004. The new 8050 instrument will take us into more demanding areas of test and data acquisition.

The next quarter looks promising reports Mike Benzies, director at Hydrotechnik with a host of new products and sales initatives the quarter looks to be a strong one for us.

Q4 2003

Hydrotechnik reports static sales for the 4th quarter 2003 ending 31st December, sales were almost exactly the same over the same period in 2002. Sales were good across all the product areas. The total year (2003) end sales are up significantly over 2002 financial year.Results were especially helped by Filtertechnik Divisional sales and sales of the recently improved range of Intelligent Filter Trollies.

New products launched during the quarter was the GSM Telemetry option for the PC9000 on-line particle counter. the GSM telemetry allows real time contamination to be advised by Text message to a mobile phone or email. Alarms for rising contamination are a major part of the feature set. Applications are widespread from OEMs of hydraulic and lubrication plant through to all large manufacturing plant, power generation, pulp and paper etc.

2003 saw the company sucessfully divisionalise into three distinct trading divisions:

HYDROTECHNIK for pressure, temperature and flow hydraulic test equipment including MINIMESS

FILTERTECHNIK for filtration and particle counting, the Schroeder brand Intelligent Filter Trollies and PC9000 are key elements to the sucess of this division.

FLOW TECHNIK for flow meter sales and related instrumantation, for which Macnaught is a key brand, other flowmeters are also catered for and the division aims to be a one stop shop for flowmeters and instrumentation.

Q3 2003

HT report strong sales 15% up over 2002 thanks to good performance by all divisions. Results are particulary good when the OEM market is considered, the quater saw significantly reduced supply to its off road customers CAT and Belle Engineering.

"The final quater looks promising, with an excellent order book and new Filtertechnik contacts under our belt" describes Richard Price of Hydrotechnik.

Q2 2003

Good sales for the quarter are reported by Hydrotechnik in an extremely difficult market. Up by 16% over the same quarter in 2002.

The quarter saw the purchase of Schroeder Industries, a major supplier, by Hydac GmbH. The situation has actually strenghtened the filtration supply through the Filtertechnik division. An open letter to customers describes the situation in more detail. Filtertechnik will now be able to supply certain European Countries and is to remain the UK source and mater importer of the Schroeder product.

The Filtertechnik division can now forge ahead with a clear mandate and focus on its complete filter solution package(s) a project that has major benefits for customers such as Corus, CMB and SKF.

Other develpments in the quarter were the launch of two new corporate identity catalogues for FILTERTECHNIK and FLOWTECHNIK and continuing product expansions in the flow and test markets.

 

Q1 2003

2003 G1 results are a record for the company reports Richard Price, MD of HYdrotechnik. Strong sales of most product lines and a new contribution to sales from the new PC9000 on-line oil contamination monitor is an excellent result especially against a backdrop of poor performance from traditional OEM customers, who continue to be under pressure from poor global markets.

The quarter saw the successful divisionalisation of the company into 3 areas; Hydrotechnik for test equipment, Filtertechnik for the filter products and Flowtechnik for flow & related instrumentation.

Nick Dennis of Schroeder Industries joins us from April 1st to continue to strengthen the Filtertechnik team as the company seeks to continue to develop a managed filtration and contamination service to our customer base. Early warning of contamination issues is proving to be a valuabe service to our customers as we prevent castastropic failures to plant and machinery.

Les Hughes will implement the sales plan for Flowtechnik which seek to provide complete Flow metering and instrumentation solutions to industry.

The next quarter looks promising reports Mike Benzies, director at Hydrotechnik with a host of new products and sales initatives the quarter looks to be a strong one for us.

Q4 2002

Hydrotechnik reports good sales for the 4th quarter 2002 ending 31st December, sales up by 11.34% over the same period last year. Sales were good across all the product areas. The total year end sales are up significantly over 2001 financial year.Results were especially helped by Schroeder filter sales and sales of the recently introduced Intelligent Filter Trollies.

New products launched during the quarter were a range of Intelligent Filter Trollies, which have the new PC9000 instrument at its heart. The PC9000 is truly a revolutionary product that will sell well into the 2003 year reports Richard Price MD. "We have advance orders but are not releasing product until jan 2003 owing to a software issue" says mike Benzies of Hydrotechnik. The issue revolves around the trending software which is being updated and prepared for all operating platforms. Applications are widespread from OEMs of hydraulic and lubrication plant through to all large manufacturing plant, power generation, pulp and paper etc.

"2003 promises to be our best year ever, new products, contunuing market share gains and new staff additions will all help to drive sales" reports Richard Price Another initiative for 2003 is to divisionalise the company into 3 distinct areas:

1. Hydrotechnik: will continue to develop sales of Pressure test and data logging equipment for hydraulic systems

2. Filtertechnik: will focus its efforts on filtration and particle counting, the Schroeder brand and PC9000 are key elements to the sucess of this division.

3. Flowtechnik: will focus on developing the flow meter sales, for which Macnaught is a key brand, other flowmeters are also catered for and the division aims to be a one stop shop for flowmeters and related instrumentation.

Q3 2002

Hydrotechnik reports good sales for the 3rd quarter 2002 ending 30th September, sales up by 9.5% over the same period last year. Sales were good across all the product areas. Results were especially helped by a continued push to upgrade existing 5000 users up to the new 5050 hand held hydraulic test device with rebates of up to £1000 being offered to ensure users benefit from the latest technology.

Schroeder filter sales were also strong. The new Oil / Fluid analysis service was well received and begining to make sales, the service is particularly popular with existing Filter customers.

New products being launched for the final quarter are a reange of Intelligent Filter Trollies, "these should take the filter market by storm" says Mike Benzies, Product Director at Hydtrotechnik. These new trollies give oil cleanliness levels (ISO) in real time as well as cleaning your oil. Particle counters are typically £5000 - 7000 each, these trollies are around £2000 list price !! Special payment terms are also being offerred until 31.12.02 to ensure a large takeup of the machines.

 

Q2 2002

Hydrotechnik reports strong sales for the 2nd quarter 2002 ending 31st June, sales up by 13.2% over the same period last year. Results were helped by a masssive push to upgrade existing 5000 users up to the new 5050 hand held hydraulic test device with rebates of up to £1000 being offered to ensure users benefit from the latest technology.

Schroeder filter sales were also strong for the period with the new Ford contact beginning to make an impact on revenues. A new Oil / Fluid analysis service was also launched during the period which will add depth to the filter line up and help service all accounts in the future.

Flow meter sales are also ahead of target for the year to date with new products from Comeco beginning to fill out the instrumentation line up.

Profitability is ahead of projections for the year with costs under control and the central warehouse in Nottingham beginning to reap rewards for the company in terms of expandable space and excellent showroom / training facilities.

The quarter also saw the appointment of Mike Benzies as a director of the company, joining Patsy Ellis and Les Hughes as directors.

The next quarter looks good reports Richard Price MD of Hydrotechnik as we enter the quarter with a full order book. Contracts to supply to Ford, Corus, and SKF are all impacting on revenues in a positive way.

Q1 2002

Hydrotechnik reports strong growth for the quarter ending 31st March 2002.

Although down on Q1 2001, sales were ahead of the previous 3 Quarters trading by quite a margin. Q1 2001 saw significant one off sales whereas Q1 2002 is just plain steady sales growth reports Richard Price, MD of Hydrotechnik.

The quarter saw strong sales of all products with particular strength in the hand held instruments, were the 5050 and 3050 units are proving very popular with R & D as well as service engineers. The quarter also strong trading at Midlands Power and Motion and the launch of a new distribution company Eastern Power and Motion

The quarter also saw the launch of the MINIMESS for less campaign which is targeting OEMs and re-sellers in order to retain and gain market share.

Outlook for Q2 2002 is good with a decent order book and strong enquiry/quotation activity.

Q4 2001

Hydrotechnik reports a sales 'hold' for the last quarter of 2001. The period was slow with many customers putting off upgrade purchases of new 5050 instruments until Q1 or Q2 2002. December, however saw Hydrotechnik winning the filter supoply contract for the whole of Ford motors UK in plant filtration. "This is a major step forward" reports Richard Price MD of Hydrotechnik "and it confirms the Companies ability to supply a whole range of product to meet a customers one stop shop needs" Similar contracts for Rail and Steel were won in 2001. "2002 is expected to start well for Hydrotechnik as we enter the year with a full orderbook"

Q3 2001

Hydrotechnik reports sales still holding up in the Quarter ending 30.9.2001. Sales were up by 4% over the same quarter in 2000. "This was a difficult quarter" reported Richard Price MD, "Command Hydratech was a drain on our manpower resourses and the company going into liquidation in August is very dissapointing. Most accounts are now handled either directly or via Ovalway hydraulics one of our regional distributors who hired an ex Command employee. The debt is covered by insurance."

"The Command incident coupled with a general downturn in many markets has made the sales focus of the business our primary objective for the last quarter of 2001. The new 5050 instrument is now here and is selling well, we have very generous offers on 5000 unit trade ins". We have re-structured for the final quarter which has lead to one redundancy.

This quarter also saw the launch of the Hydrotechnik web store which started taking orders the day it was launched. This sales channel will be used for promoting the entire range of products as well as a convenient method of selling bundled special offers.

The quarter also saw the COMECO range of products being added into the product line up. This massive range of level, temperature and process displays and controllers will compliment the existing product range very well.

Q2 2001

HydrotecHnik reports lower than expected sales in Q2 ending 30th June 2001. Sales were down by 3.3% over the same quarter in 2000, however, after such a strong start to the year 2001 expectations were raised that Q2 would also be strong.

Many OEMs re-scheduled deliveries over the quarter reflecting a general slowdown in many markets. Hydrotechnik is due to launch new hand held instruments in Q3 and the news of this affected sales in Q2.

Hydrotechnik 3050 and 5050 instuments will add to sales in the next quarter, with many customers having pre-ordered the equipment. A major new product range featuring level and expanded temperature measuring and control will help in the coming months reports Richard Price, MD of Hydrotechnik.

 

Q1 2001

HydrotecHnik posts massive increase in sales for three months ending 31/3/01. "The sales were extremely strong for all products throughout the quarter" reports Richard Price MD of Hydrotechnik UK. Of particular note:

Schroeder

Fantastic sales to OEMs and our developing network of distributors. Sales ahead by 33% over Q1 2001.

Hydrotechnik

Minimess and 5000 sales very strong, with new Microbore Hose orders for individual OEMs. Overall sales up by 23% over Q1 2000.

Macnaught

Sales to machine tools and processing industries up, with significant sales increase of 12.5% over Q1 2000

 

New products beginning to sell well are the all new Hydrapro - a portable flow and pressure tester for agricultural and basic hydraulic systems.

The next quarter should remain strong with major upgrades to the Hydrotechnik product range being announced at Hannover. A new CD covering all products and a new web-based shopping order channel make Q2 2001 an exciting time at Hydrotechnik.

The first week of May will see a new distribution centre opening in Nottingham. A new 8000 square foot building has been procurred for central England sales and distribution of all products.

 

Q4 2000 | Q3 2000 | Q2 2000 | Q1 2000| |

Q4 2000

Hydrotechnik posts quarterly figures ahead of last years results.

The year end sees overall sales up by 12% over 1999.

Schroeder sales were particularly strong during 2000 with many new OEM accounts in the machine tool and mobile plant markets. Additional mobile sales Hydrotechnik picked up were very large Microbore Hose orders across the board with a particularly good contract with Caterpillar.

"2001 looks very promising, we aim to build on the strong distribution sales channel(s) we are building and make further advances in the machine tool, mobile, power generation and oil producer markets" says Richard Price MD of Hydrotechnik

Q3 2000

Hydrotechnik posts good quarterly results.

Of particular interest is the rapid rise of the Schroeder product portfolio and its expanding distribution base.

Average Schroeder body sales are steady at approx 400 per month over the period. New deals for future OEMs are currently under negotiation. "This will provide down stream income from the element aftermarket" reports MD Richard Price.

The continuing development of the MINIMESS OEM customer base adds to the sales success. Of particular note are new Microbore Hose contracts with major Earth moving OEMs. Sales of pressure test kits remain strong.

"The third quarter looks OK" reports Richard Price. "However,the results could have been better. Macnaught sales were affected over the period through a channel conflict, this is now resolved and future Macnaught sales will be strong again with very good contracts being concluded in the final quarter of 2000."

A major new distributor in the midlands and new sales staff will enhance the sales for the final quarter.

 

Q2 2000:

Hydrotechnik posts strong quarterly results with strong sales of all its products.

Of particular interest is the rapid rise of the Schroeder product portfolio with excellent sales of the new filter trolley products.

Average Schroeder body sales are also increasing at between 300 & 400 per month. "This will provide down stream income from the element aftermarket" reports MD Richard Price.

The continuing development of the MINIMESS OEM customer base adds to the sales success, of particular note is the large sales of pressure test kits now being sold nationally by several distribution partners.

The second quarter looks good, reports Richard Price with strong performances expected from newly announced distribution partners for the Schroeder range. Command Hydratech and Ovalway Engineering, who join Hydrasol Fluid Power have switched supply from Pall & Hydac, are expected to produce increasing sales over the next quarter sales period.

Macnaught Flow Meters also proved a continuing developing brand with some noticable sales in the machine tool market. Macnaught development of the product range is continuing apace and is taking Hydrotechnik into new markets.

 
 

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