|By PR Newswire||
|November 22, 2012 08:20 AM EST||
CHELTENHAM, England, November 22, 2012 /PRNewswire/ --
PKL Group, the UK's leading supplier of temporary kitchens, commercial catering equipment and permanent kitchen solutions for hire and sale, has announced a healthy performance for the financial year ended April 2012. The Gloucestershire-based company saw an increase in turnover of 5.9% to £17.8 million and an increase in earnings before interest, taxation, depreciation and amortisation (EBITDA) of 10% to £5.8 million, while a continued focus on tight cash management and negotiation of appropriate payment terms helped PKL achieve a net cash inflow from operating activities of £7.5 million.
This progressive improvement in financial performance, despite difficult economic conditions, has been due significantly to major projects both in the UK and around the world, notably supplying kitchens and catering equipment to the London Olympics, concentration on new business areas and a strong level of repeat business, which generated 50% of revenue in the company's core departments during the year.
Key areas contributing to the company's success in 2011/12 include:
- KitchenPod range - This has achieved significant success with one order for 63 pods from a single public sector client. The company's strategy of targeting the education sector, for both hire and sales, has worked well for this new range of modular units.
- Olympic Business - PKL organised and delivered a massive program of equipment for use at the athletes' village, main media centre and corporate hospitality centre with the the company's dedicated project team delivering more than 7500 pieces of catering equipment to more than 150 different kitchen locations. This is the fourth Summer Olympics that PKL has supplied in a row.
- Portable Kitchen Division - PKL operates what is believed to be the largest hire fleet of its kind in the world, with 900 portable kitchens and 10,000 items of catering equipment for hire. Notable business during the year included a 12 kitchen unit temporary production facility for a prepared foods manufacturer, which ensured that the client could carry out a prestigious new contract for a premier, national retailer and which is to be increased still further to 26 units in 2013.
- International Sales - Strong overseas sales included a significant facility in Ghana and two other projects in West Africa.
The delivery of such significant projects demonstrates the high quality of the company systems and procedures, with temporary large up-scaling of resources being brought in where needed to deliver complex projects concurrently. With such high standards and significant employee and senior management experience, the company has reinforced its position as UK market leader by providing bespoke, design-led solutions and continues to be able to command premium rates for its services.
Chairman of the board, Michael Bailey, commented on the outlook for 2013:
"As we approach our 25th anniversary in 2013, the next 12 months will see the company building on the success of the London Olympics and from overseas contracts, leveraging opportunities from this increased market presence. We will continue to target the UK's education, heath and leisure sectors to realise the full potential of the KitchenPods and Food Cube ranges as well as our contract hire offering - KitchenFM. Underlining our commitment to environmental management the Board are also pleased to announce the launch of the PKL eKitchen together with energy efficiency improvements to our existing Portable Kitchens. International sales will also continue to be a major focus of growth and we are expanding the scope resources of our Transworld Kitchens division to capitalise on the increased awareness and visibility of PKL as a major international kitchen solutions provider."
For more information on PKL, please click here to visit the website.
PKL Group is the UK's leading supplier of temporary kitchens and commercial catering equipment for hire. The company has over 900 portable kitchen units, available for short or long-term rental, to provide catering facilities during refurbishments, events and emergencies. PKL also supplies permanent kitchen solutions, through both the contract rental of catering equipment and modular kitchen buildings.
Issued on behalf of PKL by Leapfrog PR.
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
Dec. 25, 2014 07:00 AM EST Reads: 1,719
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
Dec. 25, 2014 07:00 AM EST Reads: 2,266
Fundamentally, SDN is still mostly about network plumbing. While plumbing may be useful to tinker with, what you can do with your plumbing is far more intriguing. A rigid interpretation of SDN confines it to Layers 2 and 3, and that's reasonable. But SDN opens opportunities for novel constructions in Layers 4 to 7 that solve real operational problems in data centers. "Data center," in fact, might become anachronistic - data is everywhere, constantly on the move, seemingly always overflowing. Net...
Dec. 25, 2014 07:00 AM EST Reads: 1,849
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 25, 2014 06:30 AM EST Reads: 1,724
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 25, 2014 04:45 AM EST Reads: 1,874
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrateg...
Dec. 25, 2014 04:00 AM EST Reads: 1,705
The Internet of Things promises to transform businesses (and lives), but navigating the business and technical path to success can be difficult to understand. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, demonstrated how to approach creating broadly successful connected customer solutions using real world business transformation studies including New England BioLabs and more.
Dec. 25, 2014 04:00 AM EST Reads: 1,969
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happe...
Dec. 25, 2014 04:00 AM EST Reads: 1,943
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
Dec. 25, 2014 03:00 AM EST Reads: 2,269
DevOps is all about agility. However, you don't want to be on a high-speed bus to nowhere. The right DevOps approach controls velocity with a tight feedback loop that not only consists of operational data but also incorporates business context. With a business context in the decision making, the right business priorities are incorporated, which results in a higher value creation. In his session at DevOps Summit, Todd Rader, Solutions Architect at AppDynamics, discussed key monitoring techniques...
Dec. 25, 2014 03:00 AM EST Reads: 1,740
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect...
Dec. 25, 2014 02:30 AM EST Reads: 2,089
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to th...
Dec. 25, 2014 02:00 AM EST Reads: 2,616
What do a firewall and a fortress have in common? They are no longer strong enough to protect the valuables housed inside. Like the walls of an old fortress, the cracks in the firewall are allowing the bad guys to slip in - unannounced and unnoticed. By the time these thieves get in, the damage is already done and the network is already compromised. Intellectual property is easily slipped out the back door leaving no trace of forced entry. If we want to reign in on these cybercriminals, it's hig...
Dec. 25, 2014 02:00 AM EST Reads: 1,655
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Dec. 25, 2014 02:00 AM EST Reads: 2,154
SYS-CON Media announced that Centrify, a provider of unified identity management across cloud, mobile and data center environments that delivers single sign-on (SSO) for users and a simplified identity infrastructure for IT, has launched an ad campaign on Cloud Computing Journal. The ads focus on security: how an organization can successfully control privilege for all of the organization’s identities to mitigate identity-related risk without slowing down the business, and how Centrify provides ...
Dec. 25, 2014 01:00 AM EST Reads: 1,671