ISD reports coldstore sales up 10%
8th April 2015
UK: Cold store contractor ISD Solutions reports 10% increased turnover to £30m for the year ending January.
The company, which has ongoing contracts with leading grocery groups including Aldi, Waitrose, Morrisons and Ocado to provide both warehouse and in store cold storage facilities, has recently won new orders in its traditional UK business sectors.
A key contract completed this year for the Firewall & Data division was a £7m project in the Nordics incorporating a massive 30km2 of mineral wall panels. ISD was chosen because of the highly specialised needs of the end user and ISD’s specialist LPS1500 fire-accreditation.
Exports this year from ISD include specialist control rooms for science and research applications worth some £300,000 manufactured in the UK, and shipped to 20 sites across North America and Central Europe. There are also new distribution agreements with local partners in the growing India and East African markets to spearhead ISD’s growth in the sub-continent.
Overseas orders are also driving production in the company’s three bespoke manufacturing facilities, which now show a 24% increase in manufacturing for doors, panels, metal works and stowaway shelving over the previous two years, an 8% increase from last year.
“We entered 2015 on the back of an extremely strong period and are confident of at least 10%-15% growth in most markets this year, fuelled by strong demand, both home and abroad,” commented ISD Solutions CEO Andy Moon.
“With the UK economy on a firm growth path, we are delighted to be recruiting in most areas across all divisions to meet growing demand in our offices and factories in Gloucester. We have employed nearly 20% more permanent employees, boosting staff numbers to over a hundred,” he added.
