Top 100: Aviation engineering specialist looks to future growth with a strong order book
One of the most capable aerospace engineering firms in the world, with its UK headquarters Gloucestershire, has expectations of more growth amidst investment and a strong order book.
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Not many firms could weather a $33 million loss (US dollars - £2.6m) with such a cool head, but Ontic Engineering & Manufacturing is in the aviation industry where steady nerves are par for the course.
It also helps if you happen to be a market leader with a hugely diverse portfolio, a foot in both the civil and military markets and skills that keep your business in demand from major players in your sector.
And it probably doesn’t hurt if your turnover figure went in the opposite direction – skyward to the tune of £16 million plus.
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