The Seals sector businesses supply a range of seals, filters, gaskets, cylinders, components and kits used in heavy mobile machinery and specialised industrial equipment.

Aftermarket (53% of revenues) - Next day delivery of seals, sealing products, filters and cylinder components for the repair and maintenance of heavy mobile machinery and industrial equipment.

Industrial OEMs (47% of revenues) - Sealing products and custom moulded and machined parts supplied to manufacturers of specialised industrial equipment.

Year Ended 30 Sept

  2016 2015
Revenue £166.6m £139.6m
Adjusted Operating Profit £28.2m £24.8m
Operating Margin 16.9% 17.8%
Free Cash Flow £24.9m £17.8m
Trading Capital Employed £140.3m 119.7m
ROATCE 20.1% 23.7%

Seals Businesses

 Breakdown of revenue

 

Customers

39%

Industrial OEMs

  • 24% Heavy Construction
  • 19% Other Industrial
  • 13% Industrial Aftermarket
  • 3% Dump & Refuse trucks
  • 2% Logging & Agriculture

Geography

56%

North America

  • 34% Europe
  • 10% ROW

Products

38%

Seals & Seal Kits

  • 18% Cylinders & Other
  • 16% O-rings
  • 11% Filters
  • 11% Gaskets
  • 6% Attachment Kits