US growth delivers £13m turnover for Knutsford-based Crawford Healthcare
Wound care and dermatology firm Crawford Healthcare is celebrating after growing its half-year revenues by more than £2m.
The Knutsford-based business’ turnover leapt to £13m during the six months to September 30, a year-on-year rise of 19%.
Crawford Healthcare has attributed the growth to both its performance in the UK and overseas, in particular the US, where revenues from its North American subsidiary rose by 136% during the period.
The CEO of Crawford Healthcare, Richard Anderson, said: “As anticipated, we’ve enjoyed a really strong first six months for 2016/17, and we are well set to exceed expectations for the full year.
“The success of our wound care brands – now entirely owned and developed by Crawford – goes to show the quality of the Life Sciences industry in Cheshire and the North West.”
He added: “Like many others in the region, we’re enjoying tremendous success overseas and showing how our IP can lead international thinking and practice in healthcare.”
Crawford has achieved average annual sales growth of 41% over the last three years and today employs more than 130 people across its UK and international teams.
In July, a report found that one product developed by Crawford Healthcare alongside the University of Manchester could save the NHS as much as £125m a year.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships