TB Davies bucks the trend

Cardiff – May 2nd 2008

Access equipment specialist T.B. Davies (Cardiff) Ltd is bucking the negative business trend that many companies are citing in 2008.

Record sales figures in the first quarter have contributed to the Cardiff based firm recording 17% growth versus the same period last year.

Director David Gray commented; “We are absolutely delighted with our first quarter performance, but at the same time we’re mindful that market conditions are challenging and we expect this to continue for a significant part of the year.

This latest set of results has come about because of the huge amount of work invested last year in business development, branding and improving our back-office processes.

We are in a strong position to face the tough challenges that lie ahead, but we need to keep our ear close to the ground and keep working smarter.”

With consultants PricewaterhouseCoopers (PwC) predicting company insolvencies to increase by a remarkable 21% for the first quarter of 2008 (versus previous three months) – the figures announced by T.B Davies show it is not all doom and gloom for British businesses.