XYZ ends financial year with record breaking sales figures

The rise of XYZ Machine Tools as a leading supplier of machine tools in the UK continues unabated with 2017/18 generating record figures of almost £31 million for machines that have been delivered to customers and invoiced, but excluding export sales, this represents an increase of 20 per cent over the previous year for the UK.

Demand has continued to grow for the Devon-based company’s range of ProtoTRAK controlled mills and lathes and it also saw increased demand for its turning and machining centres, a move driven in part by a combination of technological changes and upgrades to these ranges. Another factor in this growth was the arrival of XYZ Machine Tools’ first fully simultaneous, gantry-style five-axis machining centre, the UMC-5X, which has also generated strong income for the business.

“This has been another amazing year for the business both here in the UK and throughout Europe, where sales are also increasing. The addition of the UMC-5X has generated lots of interest and with eight machines sold in the year, we are more than pleased with how it is being received. Feedback from customers highlights the high specification of the UMC-5X, with features such as 90 revs/min C-axis, linear scales and thermal compensation as standard. The result is what we believe to be the highest specification machine of its type on the market at a very competitive price,” says Nigel Atherton, Managing Director, XYZ Machine Tools.

While the figures for actual machine sales is impressive on its own there remains good optimism for 2018/19 as booked orders for the year just ended also broke the company’s records with figures increasing by 25 per cent year-on-year.