Reinvestment strategy pays off for profitable Exol
An effective reinvestment strategy from lubricants maker Exol Lubricants has seen the company continue to increase turnover and profitability.
In the past five years alone, Exol has reinvested in all areas of its business including the addition of new trucks to its delivery fleet, infrastructure projects at all facilities and, a substantial growth in its small pack production and export sales.
Acting swiftly at the outbreak of the coronavirus pandemic, Exol implemented a number of procedures to safeguard employees and customers and its contactless delivery has been widely praised by customers and industry alike. Exol sales and marketing director, Steve Dunn said: “Key to Exol’s growth hs been its continued strategy of reinvestment over the years, especially against the backdrop of the coronavirus pandemic and other outside influences such as Brexit.
“Our staff and supply chain has performed admirably this year in the toughest of conditions and through these investments we are primed for further growth going into 2021.”
Exol is the UK’s largest independently owned lubricants company, manufacturing and supplying lubricants to agricultural, marine, automotive and industrial sectors in over 40 countries worldwide.
Exol Lubricants is also committed to supporting a sustainable future and maintains use of the waterways to transport materials.