24.01.2012

LCM reports a positive 2011

UK based load cell manufacturer LCM Systems has announced a 15 percent improvement in revenues for 2011 compared to 2010.

While the private company has not disclosed any details of its results, it says that enquiry levels have been less predictable than in the past, but that there has been a general increase in shipment of custom and specialist products, which is continuing into 2012.

Managing director, Steve Sargeant said: “With budgets tight, many companies are waiting until the last minute to order their load cells, so they can hold on to their cash for longer. This means we are often presented with very short deadlines. Managing customer expectation is also important as although our load cells can be a small part of a larger system, they are often ‘mission critical’. This means that misleading customers on delivery dates can cause them serious problems.”