County Durham metal manufacturer Hydram Engineering said it expects to see revenues rise next year despite continuing supply chain challenges.
The Ferryhill company, which specialises in sheet metal fabrications, was established more than 40 years ago and works with the likes of Hitachi Rail, Komatsu and Mitsubishi, making and supplying metal components and assemblies.
Accounts for the year ended March 31, 2021, have now been published, showing a 15% fall in turnover from £18.64m to £16.2m, although operating profitability remained stable at £1.61m.
Source: Chronicle Live