Manufacturing Today Issue - 232 Jan 2025 | Page 169

________________________________________________________________________________________________________ Stiltz
Lifts
Competitors now try to imitate what we ’ re doing because our lifts really do set the industry standard
to the automotive industry in that sense . We stay true to our foundational principles and build something new with them .
“ Our latest platform is only just coming to market . It will give the consumer much more choice and flexibility , and it ’ s modular , making it more customizable . The lead time is literally as soon as you want it , and we plan on making this the production standard going forward . On top of that , we will be going beyond three floors with a clever new drive system , which has loads of new technology onboard . This is a truly smart lift that can think for itself and report how it ’ s doing to the installer and ultimately , the consumer .”
Starting off 2025 with a bang , Stiltz Lifts is preparing to launch an all-new product line . As Mike reveals : “ Our primary goal for this year is to get the new product rollout completed as quickly as possible . The hard yards of design and manufacturing are mostly conquered – we just need to get third-party certification and field training finished .
“ The last 12 months have been great for us in terms of growth , sales , and profit . We aim to double the business again by the end of 2030 . If we repeat 2024 growth six times , then we will be there . We are now well into double-digit EBITDA , with a lot of investment cost behind us . Our target has always been a 20 percent return on sales , and we may just pass this on the sales growth we envisage ,” he concludes . ■
www . stiltz . co . uk
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