June 8, 2017: Hoppecke Industrial Batteries announced on May 26 it had recorded a 25% growth in revenues for the financial year 2016-2017.
The company, the UK arm of Germany’s Hoppecke Batterien, has also completed a major overhaul and restructure that it says has led to improvements across all areas of the business.
Hoppecke’s batteries — which include nickel cadmium, nickel metal hydride and lithium-ion as well as lead-acid ones — are used in around 50% of trains in Great Britain, as well as around 75% of Siemens trains worldwide.
The company says all four of its main business areas — service, motive power, special power and reserve power – have seen impressive growth.
“Our new management structure has focused on sales and cost savings which has resulted in vastly improved results for us in 2016-2017,” said regional managing director Jason Howlett.
“This also positions the business very well to take advantage of projected market growth in all areas during 2017-2018.”