Two growing businesses based in Coastal West Sussex have recorded increases in international sales. Ricardo plc, a global multi-industry consultancy with its Head Office and technical facility in Shoreham,recently announced record financial results. Meanwhile, the Deltex Medical Group based in Chichester has seen a rise in overseas sales.
Both Ricardo plc and Deltex Medical have solid connections on a national and international level. Ricardo employs more than 2,000 professional consultants, engineers, scientists and support staff worldwide. It’s client list includes the world’s major transportation Original Equipment Manufacturers (OEMs), supply chain organisations, energy companies and governments.
Dave Shemmans, Chief Executive Officer at Ricardo, said:”This year we have delivered record financial results, strong cash generation and exceptional projects to our clients. We are starting 2014 with a solid order book, good order intake in the first two months and a growing pipeline which includes significant opportunities in the passenger car market.”
Deltex Medical manufactures and markets Oesophageal Doppler Monitoring systems (ODM) and related probes to hospitals worldwide. It has an international sales force operating in four segments: the UK segment, the USA segment, the Spanish segment and the International segment. In January Deltex Medical collaborated with US Premier, a company based in the USA, to create a mass market for its products. During the first half of the year US probe sales rose by 17% with sales to its French distributor even stronger.
Nigel Keen, Deltex Medical’s Chairman, commented: “Deltex Medical has entered the second half of the year with confidence. We have growing traction and strong market positions in a number of potentially very large markets for our products just as acceptance of the need for optimal intra-operative fluid management is broadening. We generate strong and increasing cash returns from our UK business and are also seeing growing cash generation from our larger international distribution businesses and our dedicated trainer accounts in the US”.