This should temper worries about a Brexit-driven economic slowdown this year but manufacturing companies can’t be complacent.
Exchange rates continue to be a challenge or opportunity depending on the market. However, supply chain and procurement costs remain a challenge. Companies paying higher prices for materials result in reduced margins where end use prices are sensitive or competition high.
Ensuring that manufacturing companies have realigned their business to these changing market conditions is essential for survival or growth.
At xsale we understand these challenges and can work with you to ensure you remain competitive and achieve your business vision.
Aerospace and Defence
Growth in both commercial aerospace and the defence sectors continues.
The commercial aerospace sector growth is being driven by lower commodity prices including crude oil and continued strong demand in passenger travel demand.