Historic Stoke engineering group Goodwin has reported an increase in turnover and profits, with its order book reaching record levels in its current financial year.

The company turned over £127m in the year to 30 April 2019, up from £124.8m 12 months earlier.

Pre-tax profits also increased to £16.4m from £13.3m.

Orders in the mechanical engineering division have also spiked and in its new financial year.

Goodwin's total forward order book stands at a record £165m, 94 per cent higher compared to the same time last year.

Goodwin was founded in 1883 and specialises in mechanical and refractory engineering. It is currently in the hands of the sixth generation of the Goodwin family.

Article taken from Insider Media

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