Klarius Group Ltd

Klarius Group Ltd

July 12, 2012 05:00 ET

Klarius Group Ranks 6th Largest Exporter on New Fast Track List

MANCHESTER, UNITED KINGDOM--(Marketwire - July 12, 2012) -

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The Klarius Group has earned an outstanding 6th position in the list of 'Top 10 manufacturers with biggest international sales' published in The Sunday Times HSBC International Track 200 league table report, where the company also achieved 62nd place overall.

The league table ranks Britain's privately owned companies with the fastest growing international sales. It is researched and compiled by Fast Track and was released on 8th July 2012. The published figures show 70% of sales being generated outside of the UK, mainly in Continental Europe, with sales growing 58% between FY2008 and 2010.

Group Chairman Tony Wilson comments:

"First of all, it is great to see manufacturing companies being heralded as both important and successful. The commitment, drive and innovation shown by all of our staff is deserving of huge thanks. Without those people, who maintain quality and contribute their skills on an everyday basis, we would not have achieved the phenomenal growth that we have. A solid commitment to investment, product development, quality and European manufacturing has given us a strategic edge that importers and badge engineering companies have struggled to compete with."

Paul Hannah, International Business Development Director, adds, "You hear this a lot, but still, being an entrepreneurial company makes us flexible, lean and most importantly in charge of our own destiny. We have been able to buy and turnaround automotive manufacturing facilities in the UK, Spain and Germany in order to produce our own products and bring them to market before our competitors."

Dave Cheetham, Klarius Group CFO comments, "The business has never been highly geared in terms of debt versus value and company turnover, but it is satisfying to reach a €200million plus turnover so quickly, and in challenging market conditions. This while also reducing our already low net debt figure and continuing to fund growth."

Klarius Group operates five high-volume Manufacturing Plants, a Research & Development Centre, four European Technical Centres, eight International Logistics & Distribution Hubs, and eighteen national and regional Stock Warehouses based across Europe.

The two current major market brands are Klarius Emission Control Products and QH Automotive, representing a range of OE quality replacement automotive engine, suspension, exhaust and ancillary parts. Klarius Group companies offer over 100,000 parts, supplying over 80,000 parts every day, to over 5,600 delivery points in more than 136 countries

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