Top 100: Turnover falls but firm announces £40m investment
An expected upturn in key markets failed to happen in 2024, resulting in disappointing results for perhaps Gloucestershire's biggest engineering firms, but there was good news too.
* The Reports & Deals section of Raikes is also home to the perpetual Top 100-plus Businesses in Gloucestershire list, which tracks the financial fortunes of the county’s biggest firms by turnover. It’s a series sponsored by Randall & Payne, one of our Founding Partners. Raikes is only made possible by the generous support of our Founding Partners, who include QuoLux, Willans LLP, Gloucestershire College, Merrell People and our sponsors such as Hartpury University and Hartpury College as well as our Founding Members (those who overpay their subscription) and all our wonderful paying subscribers. A massive ‘thank you’ to all our other subscribers too. If you are not already, please consider upgrading to paid (just £2.30 a week!). You’ll be able to read all of this post - and you’ll be helping to make this community interest company sustainable. Contact andrew.merrell@raikesjournal.co.uk.
Major Gloucestershire employer, Cheltenham-headquartered engineering firm Spirax Sarco, has reported a fall in profits.
Keep reading with a 7-day free trial
Subscribe to The Raikes Journal to keep reading this post and get 7 days of free access to the full post archives.