Beginning the financial year with an open house event at its Slough showroom in May saw XYZ Machine Tools exceed sales of £500,000 in one day, which in turn helped boost company turnover for the month to over £3m.

Managing director Nigel Atherton says: “The positive attitude from customers that saw us post an 11% increase in sales in the last financial year appears to be continuing. Booked orders remain strong, with May exceeding expectations. This gives us confidence that the trend will continue here in the UK.”
Sales to UK manufacturing customers were also bolstered by continuing growth in business from mainland Europe, which showed an increase of 33% in 2018/19, along with a rise in sales to the UK education sector of 40%. This positive start to 2019/20 bodes well for the company, which has ambitious plans for the coming year with new machine and automation launches, along with expansion plans to its existing network of UK showrooms. XYZ will also create a new service centre and used machine facility, and has plans
to further expand in mainland Europe.
For further information www.xyzmachinetools.com