Caerphilly-based firm Aerfin crowned Eurpoe's fastest-growing aerospace company
The Financial Times’ FT1000 has ranked the Caerphilly-based firm as the fastest-growing aerospace and defence company in Europe.
As reported by BQ Wales.
The Financial Times’ FT1000 has named AerFin as the fastest-growing aerospace and defence company in Europe, as well as the 23rd fastest-growing company in Europe overall.
The FT1000 ranks European companies that have achieved the highest Compound Annual Growth Rate (CAGR) over the previous three fiscal years. The list is compiled by data provider Statista.
AerFin supports aircraft operators and lessors by providing a range of services: offering leasing contracts, technical consulting, trading and supply of equipment from entire aircraft through to components and engines. Over the past three years, the firm has seen substantial financial success, achieving a CAGR of 234%.
The announcement follows the achievements of 2017, when AerFin was announced as the fastest-growing private UK company by the Sunday Times FastTrack 100, having risen from sixth place in 2016.
The Sunday Times HSBC International Track 200 also named the firm as Britain’s fastest-growing mid-market company by way of international sales, while the Wales Fast Growth 50 initiative named AerFin the fastest-growing indigenous business in Wales.
Bob James, CEO, AerFin, said: “AerFin has made incredible progress over the last three years, and to receive this recognition from Financial Times is a tremendous honour.
“We have always focused on staying ahead of the market curve and continuing to anticipate the needs and requirements of our global customer-base.
“Through focusing on this, we have held a firm competitive advantage in the industry which has seen us achieve exponential growth.”
“I would like to thank our employees, our partners, our investors, and of course, our clients,” James added.
“The success of our new services, such as the Beyond Pool support programme, and the growing rates of employment across our regional and global offices, are indicative of how our business is expanding and gaining more momentum internationally.”
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Author - Bryce Wilcock, BQ Wales
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