Report Highlights - Q2 2024
Manufacturing Profit Margins Declining
Profitability has fallen year-on year across the UK, Australia and New Zealand amongst small-to-medium manufacturers.
View the full report for a breakdown of profit margins by industry.
-%
United Kingdom
Gross Margin Return on Inventory amongst UK SME manufacturers, Year to June 2024 vs Year to June 2023.
-%
Australia
Gross Margin Return on Inventory amongst Australian SME manufacturers, Year to June 2024 vs Year to June 2023.
-%
New Zealand
Gross Margin Return on Inventory amongst NZ SME manufacturers, Year to June 2024 vs Year to June 2023.
Sales engines still turning
Despite slimmer margins across the board, firms are still trading better than in the previous 12 months, with the exception of New Zealand, where year-on-year sales have stalled.
+%
United Kingdom
Sales revenue performance amongst UK SME manufacturers, Year to June 2024 vs Year to June 2023.
+%
Australia
Sales revenue performance amongst Australian SME manufacturers, Year to June 2024 vs Year to June 2023.
-%
New Zealand
Sales revenue performance amongst NZ SME manufacturers, Year to June 2024 vs Year to June 2023.
Get the full Manufacturing Health Index report
About the report
The Manufacturing Health Index is a quarterly report that assesses SME manufacturer performance using a big data approach. Q2 2024 results were based on the performance of a cohort of 1,282 manufacturers in the UK, Australia and New Zealand that use Unleashed software to manage their operations. Findings were calculated using Unleashed’s secure records of every purchase, sale and stock movement made between Q1 2018 and the present date for each business.
About Unleashed
Unleashed is the world’s favourite inventory management software – a cloud based platform used by thousands of businesses in more than 100 countries. With complete control of all purchasing, production, warehousing and sales workflows, Unleashed helps you save time, free-up cash flow, and dramatically boost productivity.
Ready to see Unleashed in action? Watch a free 15-minute demo here – or learn more about manufacturing inventory management with Unleashed below.
Looking for previous reports?
Access older coverage here