Leading temperature
control specialists Jet Environmental have revealed an optimistic picture for
the future of the business as Britain leaves the European Union, with a 4% increase
in revenue during 2019 following double-digit increases in the previous year.
The company, which delivers large and complex
temperature and humidity control systems for industries from FMCG to
healthcare, has been able to follow up its 'best ever year' in 2018 by
sustaining its growth in spite of a mixed picture of confidence among its
clients.
Concerns had been growing within the business
that the uncertainty surrounding Britain's departure from the European Union
could hit orders of new and replacement units, particularly as many of Jet
Environmental's customers operate within industries that stood to suffer from a
rocky Brexit. As the uncertainty mounted over when exactly the date of Brexit
would fall, whether there would be a deal or not, and even whether Brexit would
happen at all, clients became more noticeably retrenched into the 'wary' and
'confident' camps.
Large investment decisions were put on hold,
deal making ground to a halt, and it seemed like the positivity of 2018 would
be snuffed out by the lack of clarity. However, the positive growth figures
that have since been released prove that the optimistic clients have won the
day, and put Jet Environmental on course for further growth in 2020.
Jason Hibbs, Managing Director of Jet Environmental,
said: "We're delighted to report that our record period of growth has
continued into 2019, despite all of the potential roadblocks there have been to
gaining new business and retaining older clients, such as the Brexit debate and
the US tariff war with China. Thanks to the backing of our loyal clients, we're
confident that we can carry this optimism into a more certain future in 2020
and raise our revenues even further.
"Our clients have been particularly exposed
to the Brexit uncertainty: FMCG suppliers didn't know what tariffs they'd face,
healthcare providers didn't know if there would be drug shortages, retailers
didn't know if they could safely invest in new facilities - but we have emerged
from these difficulties in a strong position. That's all thanks to our great
customers, who were able to see through all the 'will we, won't we' confusion
and get on with the jobs they do so well."
Jet Environmental is the UK's leading supplier
of large-scale temperature and humidity control solutions. The business works
in buildings with floor spaces ranging from 1,000m² to over 1,000,000m², and
with clients from a diverse range of industries, the company manages the
process from design to commissioning and then supports each installation with
service and maintenance. Jet Environmental’s advanced controls drive
energy-efficiency that helps clients be environmentally responsible and meet
their low carbon emission targets.
For more information, visit www.jetenvironmental.com
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