Age Group Announces Double Digit Growth for 2011 with Major Expansion Plans for 2012
Despite the global economic turmoil and regional political uncertainty Age Group registered growth in revenue exceeding 30% in 2011 with triple digit increase in profitability largely thanks to expansion into new markets and overall more stable steel prices.
Age Group is one of the most recognized suppliers of structural steel in the U.A.E., established since 1974, and quickly making a name for itself in the Kingdom of Saudi Arabia. 5 business units make up the core of the group comprising of structural steel trading, coil cutting and hot dip zinc galvanizing.
In a crisis there will always be opportunities as lower tolerance of risk will change the overall landscape of competition allowing the bolder and stronger players to re emerge as the dominant ones. Age Group has always followed this strategy which has enabled it to grow and be successful in both good and difficult times.
For 2012 the Group will focus on leveraging its vast experience in sourcing and delivering quality structural steel items in a timely and cost efficient manner by expanding its presence in to Qatar and assisting its customers there to meet the ambitious infrastructure development goals set by the nation.
The Group plans to invest in both manpower and capital in Qatar which it believes will play a significant role in contributing to the economic stability and vitality to the GCC over the better part of the next decade as well as generating great employment opportunities for young Qataris.
The success of any organization can be only be relative to the qualitative measure of its human resources and at Age Group this is also the case as it enjoys just the right balance of experience and youth, with some with 30 years of affiliation and some with only 5 years but all striving to serve its customers with a long term view.
AGE & Cricket in the UAE
AGE Group has been a consistent supporter of Cricket development in UAE and Dubai in particular. The group has sponsored VIP Boxes at the Dubai Cricket Stadium for the past 2 international tournaments.
AGE moves into new Head Office
AGE Group has recently moved into its sprawling new Head Office at Jumeirah Lake Towers, Dubai. With this shift the company has embarked on a new era of corporate governance, while retaining the cornerstones of our value system that are based on achieving the highest ethical standards, maintaining strong customer focus and providing challenging and rewarding opportunities for our employees.
The above content is taken from this website: http://www.amazines.com/article_detail_new.cfm/4871946?articleid=4871946
About the Author
Age Group is leading steel importers, stockist, trade and distribution company which provide professional Steel contractors,fabricators and Oil Refineries suppliers to deliver high quality products.
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