Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

Growth for Fife based data cable firm Leviton

The Leviton factory at Glenrothes. Image: Leviton.
The Leviton factory at Glenrothes. Image: Leviton.

Fife cabling company Brand-Rex, now known as Leviton, saw its pre-tax profits increase by more than 11% last year as sales grew across Europe.

The firm saw pre-tax profits rise from £6.1 million in 2017, to £6.8m for the year ending December 31 2018.

Turnover jumped from £78.1m in 2017 to £86.7 in 2018.

The group, which has its European headquarters in Glenrothes, designs and manufactures high-speed copper and fibre-based cable and connectivity systems for IT and data communications.

The firm also manufactures cabling for extreme environments, across a range of sectors, including military, rail, automotive and aerospace.

A brand transitioning programme during the year saw the company position the Leviton brand as the principle name of the group.

In the company’s annual accounts, managing director Ian Wilkie said the group had seen significant sales growth in the data communications sector “in almost every country” throughout Europe, driven by an “increasingly successful approach to large data centre projects.”

Rising demand from existing customers for the firm’s high performance cables also delivered strong growth, which was boosted by the acquisition of new customers, with plans in place to increase sales in the automotive, marine and industrial markets.

However, the firm warns that the UK’s decision to leave the EU will undoubtedly have an impact on the business and while the extent of the impact is not known, directors will continue to monitor the situation.

Mr Wilkie, said: “The group remains ambitious for continued growth but expects market conditions and the uncertainty surrounding Brexit to restrict opportunities in some areas.”

The firm also saw an increase in employee numbers, rising 312 in 2017, to 343 last year, with the majority working in production – bringing a total wage and salary bill of £12.6m.

Across geographical markets, the UK last year amounted to £19.3m, however, the rest of Europe including Russia was by far the largest market for the firm at £51.1m.

The USA accounted for less than £1.5m of the company’s turnover, while Asia and Australasia brought in £6.1m.

Leviton also conducts manufacturing, distribution and research and development from Leigh in Lancashire.

Brand-Rex was acquired by Leviton, a leader in network connectivity systems based in the United States, in December 2015.

jimillar@thecourier.co.uk