RE: Sentek1 Nov 2016 20:35
Concur with rivaldo, whilst I would also add that to talk of competition and longer lasting brands needs some serious clarification.
For example, the area Sentek operates in and the products it produces enjoy a constant and steady replacement stream (shelf life circa 6-8 months) that isn't down to it being inferior though, rather, it is more operationally dictated and cost effective to the end user.
That is why the operation has enjoyed strong recurring revenue and organic growth.
Opus is a different animal altogether, but nevertheless a decent acquisition.
It is niche yes, but the margins are excellent and now housed within the ATIK operation at Norwich should play an increasing role.