The following is a statement made at the Annual General Meeting (AGM) by Andrew Herbert, chairman of the Midwich Group
“Whilst the Pro AV market recovered strongly in 2021, it remained below pre-pandemic levels. Against this backdrop, our 2021 results demonstrate the strength of our business by achieving record revenue and adjusted profit before tax.
We remain committed to our established strategy of delivering strong organic growth, supplemented by targeted acquisitions, as well as building on our expertise across a broader range of markets and products.
The board was delighted to welcome the DVS and Nimans teams to the Group early in the new year, further strengthening our capabilities and presence in the UK AV market. Trading in the first four months of the current year has been in line with the board’s expectations and we look forward with confidence.”
Be the first to comment