Inpress Precision Ltd

The directors present the strategic report for the year ending 31st December 2024. Performance The directors are able to report that during the trading period to the end of December 2024 the company was able to maintain its revenue in line with budget. Despite the significant challenges to supplies, most notably energy and raw materials, the company was able to react and maintain its profitability. The companies risk assessment process and documented mitigations were key in helping it plan during the various crises and remain a focus for governance going forward. The concerns that arise out of the various global geopolitical uncertainties could provide a number of opportunities for continued growth. Sustainability During this period the company also continued its extensive R&D work in its drive towards a more sustainable future. This has resulted in the expansion and strengthening of our management team with additions including a new chairperson. This puts the management team in a very strong position going forward to be able to take advantage of significant advances the company is making by investing in R&D in order to provide for growth and a more sustainable future. The company and its customers should reap the benefits of this over the next few years, with many opportunities for a circular economy. ESG The company has continued in its extensive ESG work, be it in the local community through our support of the local academy, supporting young people through further education as a part of the governments apprenticeship scheme or being a national leader in supporting the governments offender rehabilitation program. Investment During the year the company continued its investment program in new machinery in its drive towards a reduction in energy consumption to remain a provider of state of the art manufacturing. The operating facilities have had extensive refurbishment work carried out to improve energy efficiency and create a sound base to work from going forward.