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Production line closure to boost firm's profit
The Journal
|January 13, 2026
COUNTY Durham electrical appliance manufacturer Ebac expects future years to be more profitable after closing a production line, accounts show.
The company, which makes washing machines, dehumidifiers, water coolers and heat pumps, has published accounts for 2024 showing turnover fell from £17.7m to £15.9m.
In the accounts report, directors said 2024 was "another challenging year" but told how they took action.
The report, signed off by founder John Elliott, said: "The business made the decision at the end of 2024 to close one of its production lines producing loss-making products.
"This has resulted in the write down of fixed assets (£1,038,363) and stock (£814,898) giving additional provisioning totalling £1.8m (closure costs) which were charged in the year.
Dit verhaal komt uit de January 13, 2026-editie van The Journal.
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