LBBC Group ranked in the 5th annual Sunday Times WorldFirst SME Export Track 100
LBBC Group based in Leeds is one of only 8 companies from Yorkshire that feature in the league table which ranks Britain’s small and medium-sized private companies with the fastest-growing international sales.
LBBC Group who were ranked 72nd have grown international sales by 50% over 2 years with international sales of £9m of a turnover of £12.5m for year ended March 2018.
Howard Pickard, Managing Director and one of the fifth generation of the Pickard family to run the LBBC Group, said “We are proud of our recent growth across our Group of companies which has mainly come from exports of our world-leading autoclave technology into the investment casting industry. To continue our growth, we have expanded the LBBC Group with the addition of the Resomation and Baskerville product lines.”
The eight companies headquartered in Yorkshire (which also featured eight last year) include seven new entrants to the league table. Their international sales have grown by an average of 106% a year over two years to a total of £61m, and together they employ 829 people.
The SME Export Track 100 is sponsored by WorldFirst, DHL Express and Heathrow Airport, and is supported by the government’s Exporting is GREAT campaign. It is compiled by Fast Track, the Oxford-based research and networking events firm.
Jonathan Quin, CEO and co-founder at WorldFirst, the title sponsor, commented:
“At WorldFirst we’d like to be the first to congratulate all the businesses that feature on this year’s top 100. International markets present tremendous opportunities for UK businesses and the rewards of being a successful exporter are clear from the growth demonstrated by all the businesses here. That said, there are challenges and risks too and so we should also recognise the brave and committed leadership that has got them to this point.”
Liam Fox, Secretary of State for International Trade, commented:
“SMEs are fundamental to achieving our target of increasing exports as a percentage of GDP to 35%, so it is vital we give them the recognition they deserve. The exporters listed in this year’s SME Export Track 100 are pioneers whose example should be followed by ambitious businesses across the UK.”
This year’s SME Export Track 100 achieved, on average, record-high international sales growth of 89% a year over two years to a total of £833m. Together they employ more than 8,900 staff, having added 3,000 jobs over the period.