Q1 2015 sales were the highest in Zettlex history. Q2 2015 sales have already exceeded Q1 2015 sales. Q3 2015 sales are likely to exceed Q2 2015.
“This is a very encouraging result. We see growing demand on three fronts: firstly, our customer’s projects are moving from R&D in to full production; second, we are increasing our market share – notably in North America and the Far East; third, increasingly buoyant market conditions at home in the UK” – Mark Howard, Zettlex General Manager. “I also think that the market is becoming increasingly aware of Zettlex given some of our design wins in equipment such as Rafale jet fighters, Warrior armoured personnel carriers, A400M aircraft, various medical devices and more products for process industries. 80% of our production is exported and we expect this to increase.”
“We are growing and we expect our growth rates to accelerate over the next 12-24 months as some new products – currently in our development labs – finish their qualification testing ready for launch later in 2015. The new products are particularly exciting as we will be entering higher volume markets in precision, miniature sensors” – Dr. Darran Kreit, Zettlex General Manager.
In typically English fashion, the company will be celebrating their success, together with invited guests, at a tea party on 3rd July.