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Seaward hopes demand returns after profits dip
The Journal
|August 19, 2025
DEMAND is expected to pick up this year for electrical testing equipment maker Seaward, following a dip in operating profits.
Bosses at the County Durham manufacturer of PAT testing, solar and medical appliances say they are pleased with the performance amid a challenging year in which operating profit dropped from £4.1m to £2.7m. Turnover remained flat at £24.8m in 2024, documents published at Companies House show.
Seaward said that after a strong start to the year - with first-half trading 12% ahead of the same period in 2023 - demand across its brands had slowed down. The impact was said to have been felt across sister companies in the German-owned GMC Instruments stable.
Despite the more challenging market, Seaward grew its headcount from 178 to an average of 202.
Diese Geschichte stammt aus der August 19, 2025-Ausgabe von The Journal.
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