Turnover at East Sussex Top-50 company Hanover hits £40m mark
Official sponsors of Premiership Football side Brighton and Hove Albion, Hanover Displays has hit a major milestone as new accounts reveal revenue has climbed to £40.9m.
Lewes-based Hanover Displays is a high-growth company supplying LED display technology for the global transport industry, with over 25 years of experience and numerous industry awards.
Global business supplying LED display technology for the transport industry
Gavin Williams started Hanover Displays in 1985 with a commitment to quality product and excellent customer servicing. This philosophy has helped the company grow to where it is today, a successful, global business based in East Sussex with offices worldwide and a customer base spanning over 75 countries. The company also has sales and service centres in Hong Kong, New Zealand, the Middle East and the Americas. In addition, the company has subsidiaries in France, Italy, Spain, Australia, USA & Oman.
Other than LED signs, Hanover produces a variety of other passenger information systems utilising the latest in LCD and voice synthesis technology.
Pre-tax profits also surged to £6.2m from £3.8m
Virtually all manufacturing is done in-house, having recently re-shored the production of its printed circuit boards (PCB) from Malaysia back to the UK, which means that Hanover regularly delivers high volume orders with minimal lead-time at competitive prices.
The security afforded by 30 years’ experience, financial independence and a continuous product development programme is further assurance that East Sussex is a great place to grow a global business.
Hanover recently announced that they have become official sponsors of Premiership Football side Brighton and Hove Albion, as Albion’s head of commercial, Russell Wood said, “We are delighted to confirm Hanover as one of our newest sponsors. I am very much looking forward to working with Dave and the rest of the Hanover team over the coming season.”