David Pattison, senior analyst at Plimsoll Publishing, says: "After the last few years of uncertainty, the UK sound equipment industry is experiencing a positive upswing. I am delighted that many companies are getting it right by addressing the issues that have constrained them for years. Profits are improving, sales are up and debt issues are being resolved."
However, Pattison is quick to point out that not all companies are sharing in this success: "Despite these recent improvements in the industry, there are still 50 companies with declining sales and 46 which are loss making. Our latest analysis shows that how successful you are in the industry has little to do with what you make or sell. It all comes down to how well the company is run!"
The report individually examines the performance of the top 236 companies in the UK sound equipment industry and assesses their financial health. The 462-page analysis is now available in Paper or Electronic format. The Plimsoll Portfolio Analysis is available for £305 (Paper) or £499+VAT (Electronic). Order by visiting or calling 01642 626400. Readers of L&SI Online will receive a 5% discount.
(Lee Baldock)
