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GDL Year End Financial Performance July 2011

GDL Year End Financial Performance July 2011

June the 30th marked the end of the GDL Financial Year, with turnover exceeding £5.4m, representing a Year on Year growth of 21%. The company said this is a very encouraging performance given the continued difficulties the construction and manufacturing sectors experienced over the past 12 months. In spite of rising operational and raw material costs within an extremely competitive trading environment, profits are broadly in line with expectations thanks to prudent cost management.

Sales of the Intelivent range of Natural Ventilation products continues to gather pace, and now accounts for over 40% of company turnover, and future orders have led the business to invest in a new production facility in Sheffield in January, in order to cope with increased demand.

Overall, GDL’s aggressive pricing policy and commitment to exceptional customer service has enabled the business to grow its market share, offering our customers a quality range of products at great value.

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