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After a good start to 2011

Monday, March 7, 2011

After a good start to 2010 the year ended with a lower than expected profits due to increase labour costs which were required to resolve some difficult projects. 

2011 on the other hand has seen an increase in sales but more importantly much lower processing costs which have resulted in above target profits for the start of the new financial year.

PMS is working very closely with customers and suppliers to improve productivity with re-design of some tooling and is looking for partners to work with PMS to engineer out tooling issues and share in the benefits.After a great start to the New Year we want to continue and improve our position going from strength to stregth.