ISD reports record revenue
31st March 2014UK: Gloucester-based coldstore constructor ISD Solutions has reported record revenues for the year ending 2013, with turnover up 22% to £27m.
The coldstore constructor, which has rolling contracts with leading supermarket groups including Aldi, Waitrose and Ocado to provide both warehouse and in store cold storage facilities, has recently won new orders for distribution depots in Bicester and Chepstow valued at £1.7m.
The company is to start work on a new fully-recyclable cold store for Waitrose Wolverhampton and it has also won orders for a new pharmaceutical chill store in Northern Ireland and a new cold store warehouse in London worth £300,000.
ISD has already secured 35% of its annual projected turnover in the first month of 2014, assisted in part by strong overseas demand. This includes orders from Ireland worth €7m Euros for its high bay composite-clad warehouses for the storage of blood plasma and a food service distribution depot. Overseas orders have also contributed to increased production in the company’s three bespoke manufacturing facilities, with a 14% rise in production for doors, panels, metal works and stowaway shelving.
“Because we have started 2014 so well, we are confident of 10-15% growth in most markets this year,” commented ISD Solutions’ ceo Andy Moon.
