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

North America - Aftermarket (32% of revenues) - Next day delivery of seals, sealing products and cylinder components for the repair of heavy mobile machinery.

North America - Industrial OEM (29% of revenues) - Sealing products, custom moulded and machined parts supplied to manufacturers of specialised industrial equipment.

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

Year Ended 30 Sept

  2017 2016
Revenue £195.3m £166.6m
Adjusted Operating Profit £31.9m £28.2m
Operating Margin 16.3% 16.9%
Free Cash Flow £24.9m £24.9m
ROATCE 22.8% 20.1%

Seals Businesses

North American Seals

International Seals

Breakdown of revenue

 

Customers

45%

Industrial OEMs

  • 32% Heavy Construction
  • 18% MRO & Other Industrial
  • 3% Dump & Refuse trucks
  • 2% Logging & Agriculture

Geography

57%

North America

  • 33% Europe
  • 10% ROW

Products

38%

Seals & Seal Kits

  • 17% O-rings
  • 17% Cylinders & Other
  • 11% Filters
  • 11% Gaskets
  • 6% Attachment Kits