A leading UK manufacturer of products to improve the performance of residential heating and hot water systems
Investment valuations
For the year ended 30 September | 2019 £m |
2018 £m |
2017 £m |
2016 £m |
---|---|---|---|---|
Investment valuations | 3 | 4 | 3 | 2 |
Innovation has been an important part of Sentinal's recent recovery with strong international growth driven by new products, primarily its line of next generation filters which are tailored for country specific requirements. Partner deals with origional equipment manufacturers have also improved, with legislation in certain countries dictating that systems checks must be carried out by an independant third party, creating opportunity for follow-on-sales.
Trading in 2018 started strongly but was impacted in the latter part of the year by a reduction in the stock held by a few of the company's larger customers. The company is confident that continued investment in research and development will lead to further growth across its markets.
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CHIEF EXECUTIVE OFFICER:
David Barrett