David Ormerod Hearing Centres see big sales growth


The Business In Wales website reports that David Omerod has appeared in the Sunday Times’ list of top 100 fastest growing UK companies. The Sunday Times Fast Track 100 ranks companies based on sales growth over three years – either 2003-06 or 2004-07.

“Ranked 79th is Llandudno-based hearing aid supplier David Ormerod Hearing Centres. Its revenues grew on average by 67.6% annually from 2003-06, which resulted in sales rising £4.3m to £20.3m.

It supplies hearing aids from its own branded centres inside 100 Boots stores. It also offers services in private and NHS hospitals. Hearing aid manufacturer Phonak has a 49% stake in the business.

The other Welsh headquartered firm is Cardiff-based Craig Shipping, ranked 90th. It achieved an annual growth rate of 62.3% from 2003-06, with turnover rising from £5.4m to £23m.”

From Business in Wales.