COVER STORY
The Morgan Motor Company is a family- owned manufacturer
that hand-builds iconic British sports cars, famous the world over for their unique blend of craft, heritage and pure driving experience. The start of the year saw the firm
announce record profitability and growth with a 19% increase in revenue in 2017 to £36m, a 13% increase in group net assets and an increase in pre- tax profits to £2m. They were results which delighted managing director Steve Morris who said: "The last year has seen us develop our long-term strategy for sustainable new products, exciting development plans, a visionary business approach and a real focus on longevity, customer care and dealer relations. To see such strong results for the business as a result shows that our strategy is sound and is a real credit to our dedicated, passionate and ever- growing workforce. Company chairman Dominic Riley
added: "We are stronger than ever with record revenue growth, increased employment, a clear vision for the future and strong demand for product from customers around the globe. Morgan Motor Company has never been stronger." With recently launched models, the
Aero GT and 50th Anniversary V8, selling out virtually before they hit the road, it seemed a good time for SME Magazine to pay a visit to the historic factory in Malvern where we found Group Financial Director Colin Boden happy to answer our questions. »
HISTORY ON 18 SME
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