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Kondor’s international sales growth puts it 21st on key league table


Only one company from the Solent region – a Dorset- based electronics group – managed to make the top tier of the 2015 Sunday Times International Track 200 league table, which ranks companies’ international sales growth over the latest two years of available accounts (with minimum sales of £25 million)


Kondor


Kondor, which has its headquarters at Christchurch, improved on its 47th to come in at 21st wide listing.


place last year in the latest UK-


The company supplies consumer electronics accessories such as headphones and speakers to customers in grocery, e-commerce and mobile network markets including O2 and Sainsbury’s. Its products are found in some 7,500 outlets in Europe, the growth in smartphones and tablets helping international sales rise to over 100% per year to £9.2m in 2013.


Kondor is led by managing director Rob Haycock and backed by private-equity firm HIG Capital. Founded in 1994, it now boasts a staff approaching 200.


Formaplex


Formaplex, a Havant-based company that specialises in the manufacture of injection- mould tooling and lightweight components for the automotive industry, improved on its 111th placing in 2014 to 73rd


this year.


The group’s customers include prestige brands and Formula One racing teams as well as the defence, aerospace, marine and commercial sectors. It is currently developing a sub-500kg electric car to attempt the 24-hour endurance world record.


Overseas sales reached £14.8m last year, rising some 41% a year under managing director Michael Last. Founded in 2001, it now has a staff of some 230.


AIM Altitude


A Bournemouth business that designs and manufactures cabin interiors for the world’s big airlines was listed at number 142.


www.businessmag.co.uk


AIM Altitude has been involved in projects that include a horseshoe bar with backlit waterfall for Emirates’ Airbus A380, and a futuristic design for Virgin Atlantic’s Upper Class suite.


Last year the company bought cabin designer Altitude Aerospace Interiors from Air New Zealand, a move that helped to increase its international sales almost 25% a year to £106.2m.


AIM Altitude is owned by private- equity firm TowerBrook Capital and led by chief executive Mark Edwards. It was founded in 1926 and now employs over 800 people.


Hammer


The Basingstoke-based company, Hammer, which customises, distributes and supports data storage products, made the listing at number 184. It deals with encrypted solid-state drives designed to operate in extreme environments for the military, and high-frequency trading systems used by financial markets.


The company launched a second subsidiary in Germany this year, and now has eight offices across Europe serving over 40 markets. International sales reached £54.3m in 2015 under managing director James Stidwill. Founded in 1991 it now employs 140 staff.


• The International Track 200 table is compiled by Oxford-based Fast Track and sponsored by HSBC. Fast Track admitted that because of the limited publicly available data of international sales, there were likely to be some omissions. ”But it provides a useful picture of growth in overseas trade by UK private companies. The 200 companies’ international sales grew by an average of 32% a year over two years to a total of £8.2 billion,” said The Sunday Times.


THE BUSINESS MAGAZINE – SOLENT & SOUTH CENTRAL – SEPTEMBER 2015


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