Servotronics In Investor Update, Announced Revenue Growth At Or Above Industry Growth Rates; Gross Margins Approaching Pre-pandemic Levels
Servotronics In Investor Update, Announced Revenue Growth At Or Above Industry Growth Rates; Gross Margins Approaching Pre-pandemic Levels
Servotronics, Inc. (NYSE American - SVT) a designer and manufacturer of servo-control components and other advanced technology products today released a revised investor update highlighting its progress in achieving its long-term strategic vision along with initial 2024 financial outlook.
伺服控制组件和其他先进技术产品的设计商和制造商Servotronics, Inc.（纽约证券交易所美国证券交易所——SVT）今天发布了经修订的投资者最新情况，重点介绍了其在实现长期战略愿景方面的进展以及2024年的初步财务展望。
Within the last twelve months the Company made considerable progress in its planned transformation including:
在过去的十二个月中，公司在计划中的转型方面取得了长足的进展，包括：
-
Divesting the CPG segment to increase focus on higher-margin core servo valve business
-
Enhancement of management team with hiring of Chief Financial Officer and Director of Sales and Marketing
-
Leverage of exceptional team members and manufacturing expertise to drive sales growth and operating efficiencies
-
Corporate rebrand with upgraded website to communicate the Company's value proposition to customers and investors
-
剥离CPG板块，以增加对利润率更高的核心伺服阀业务的关注
-
通过聘请首席财务官兼销售和营销总监来加强管理团队
-
利用卓越的团队成员和制造专业知识来推动销售增长和运营效率
-
通过升级网站来重塑企业品牌，向客户和投资者传达公司的价值主张