Consistent Growth Shows Strength of Critical Manufacturing Business
June 02, 2016
Porto, PORTUGAL, June 2, 2016 - Critical Manufacturing, a leader in the supply of highly intelligent, sophisticated manufacturing execution systems (MES), has announced a further year of strong results with significant revenue growth. Year on year total turnover increased 18% and earnings (EBIT) grew by 46%; with EBIT representing 17% of sales.
Its 2015 results show the company’s strength in serving complex, highly competitive markets that require high levels of both production agility and quality such as semiconductor, solar panels, medical devices, automotive and electronics manufacture. A truly global business, new customers over the last year included companies based in US, China, Taiwan and Brazil.
“We are delighted at seeing such strong results once again this year,” commented Francisco Almada Lobo, CEO, Critical Manufacturing. “Our MES products continue to lead the way in innovation and, as we continue to research and develop to give our customers competitive edge, we will shortly be announcing the release of an exciting new version of this software; Critical Manufacturing 5.0.”
High-tech industries continue to look towards Industry 4.0 and Smart Factory concepts as ways to strengthen their manufacturing strategy, making MES more vital than ever as a tool to reach future production goals. Critical Manufacturing’s understanding of the challenges industries face and the technology they need to push the boundaries of productivity, profitability and quality, makes them a strong choice of partner for advanced manufacturing capability.
Almada Lobo continued, “Critical Manufacturing is looking to help define production standards for the future with technology that is truly ground-breaking. Our systems are further supported by leading service capability to help our customers optimize manufacturing processes for high-tech products and ensure systems meet or exceed expectations on every level.”
Critical Manufacturing continues to be recognized as a leading provider of business and mission critical systems with proven results across the globe. Its growth in sales and customer base is also reflected in an increase in the size of the business, which now has over 100 employees.
About Critical Manufacturing:
Critical Manufacturing empowers high performance operations for some of the most advanced manufacturers worldwide with innovative software technology and advanced services. Its new generation Manufacturing Execution System (MES) is an Industry 4.0 centerpiece, incorporating all necessary integration, mobile, connectivity and logical decentralization features. This deep, unified system increases performance, control and quality for complex manufacturing operations. The company is part of the Critical Group, a private group of companies founded in 1998 to provide solutions for mission and business critical information systems.
For more information, visit www.criticalmanufacturing.com