Nick Frampton (pictured), managing director, commented: "Although trading conditions at the beginning of 2010 were tough – the introduction of new, advanced and innovative Doosan machine tools certainly captured the imagination of customers. This, in conjunction with our policy of holding high levels of stock (for fast delivery) at our Leamington facility, and the strategic decision not to reduce our headcount ensured that we were able to capitalise on the up-turn."

The results also reveal the positive impact on sales generated by the 2010 MACH exhibition and the new range of Doosan machines that Mills launched at the show.

"Sales took off during and after MACH – and didn't stop." Continued Mr Frampton. "Customers were particularly impressed with the new range of 8, 10 and 12 in chuck ultra-reliable, high-accuracy Puma lathes we launched at MACH (Puma 2100, Puma 2600 and Puma 3100 models), which, by the end of 2010, resulted in us selling over 40 of these machines from what was (in June 2010), a standing start."

The result was that after a sluggish first quarter, sales grew exponentially throughout the year resulting in a £11.1 million order intake in the 4th quarter, the best ever final quarter in Mills' 38 year history. This, following hard on the heels of an impressive 3rd quarter, saw sales in the second half of the year reaching £19.9 million the best second half sales performance in the company's history."

Likewise, the prospects for 2011 are looking promising with a current order book of £9.25 million.

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