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


International Seals (39% of revenue): sealing products and filters supplied outside North America to Aftermarket and Industrial OEM customers as well as to Maintenance, Repair and Overhaul (“MRO”) operations.

North American Seals (62% of revenue): Aftermarket: next day delivery of seals, sealing products and cylinder components for the repair of heavy mobile machinery. Industrial OEM: sealing products, custom-moulded and machined parts supplied to manufacturers of specialised industrial equipment. MRO: high-quality gaskets and fluid sealing products supplied to end users with critical services in high-cost failure applications.

Year Ended 30 Sept

  2020 2019
Revenue £242.1m £220.6m
Adjusted operating profit £36.0m £38.1m
Adjusted operating margin 14.9% 17.3%
Free cash flow £32.2m £17.7m
ROATCE 15.7% 19.3%

 

Seals Businesses

North American Seals

International Seals

 

Breakdown of revenue

 

Customers

  • 44% Industrial OEM
  • 24% Heavy Construction
  • 15% Other Industrial
  • 14% MRO
  • 2% Dump & Refuse trucks
  • 1% Logging & Agricultures

Geography

  • 61% North America
  • 30% Europe
  • 9% International

Products

  • 31% Seals & Seal Kits
  • 16% O-rings
  • 19% Cylinder & Other
  • 22% Gaskets
  • 9% Filters
  • 3% Attachment Kits