Strong growth at Zytronic

SPECIALIST technology manufacturer Zytronic says revenue from its touchscreen products now accounts for 70% of its sales.

The Blaydon-based company, which makes touch sensors and optical filters for cashpoint machines, self service and vending, automation and ticketing equipment, reported that turnover rose by 11% to £20.5m in the year to the end of September.

Pre-tax profits were up by 22% to £3.6m and touch product sales increased by 38% to £14.2m.

Zytronic has customers across mainland Europe, America and Asia Pacific and says it is concentrating on further developing its global markets.

It is also continuing to diversifying away from its traditional lower growth standard laminate products.

Chairman Tudor Davies said: “We have been encouraged by the progress that we have made during the past financial year in our touch product sales, and are also pleased with levels of current trading, and the increasing market acceptance of our touch products that should enable further progress in creating shareholder value.”

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