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06 Jul 2018

British Steel named in Sunday Times HSBC Top Track 100 companies

British Steel has been named in the prestigious Sunday Times HSBC Top Track 100 league table which ranks Britain’s 100 private companies with the biggest sales.

We’re named 49th in the table and are one of four businesses in the Yorkshire and Humber region to appear in the rankings based on 2017 performance.

The full table features other high profile national brands including Aston Martin, Dyson, JCB and Specsavers.

It is published this weekend in a six-page supplement with the business section of The Sunday Times, both in print and in the digital edition, and on www.fasttrack.co.uk

British Steel’s Chief Financial Officer, Gerald Reichmann, said: “We’re proud to have been named in the Sunday Times HSBC Top Track 100 league table alongside some extremely prestigious and successful companies.

“This ranking demonstrates how far we’ve come since our launch in 2016 and I’d like to thank everyone who has contributed to this, particularly our employees, customers, suppliers and other stakeholders.”

In what is the 17th annual Sunday Times HSBC Top Track 100 league table, the 100 companies reached a record £205bn in total sales, up an average of 16% on the prior year, with record total profits of £23.5bn, up by 10%. An impressive 90 companies increased sales in their latest financial year.

The league table is sponsored by HSBC, Linklaters and PwC and compiled by Fast Track, the Oxford-based research and networking events company.

Amanda Murphy, Head of Commercial Banking at HSBC UK, said: “Once again, Britain’s most ambitious private enterprises have shown their mettle by shrugging off uncertainty to grow at an even faster rate than the year before.

“The businesses in the Top Track 100 are an inspiration to all, showing just what can be achieved with entrepreneurial spirit and a determination to succeed.

“The four companies in Yorkshire and Humberside are the kinds of firms that provide the backbone of our economy, and we at HSBC UK are thrilled to see them thrive.”