27.04.2020

Record revenues for IPAF

The International Powered Access Federation (IPAF) has published its results for 2019, with revenues up 8.1 percent to £7.06 million – a new record. In spite of the strong sales performance, the company also reported an overall deficit of £40,000 due principally to management and other restructuring costs.

The number of people receiving IPAF training increased 6.2 percent to 175,986, with strong growth reported from the Middle East at 44 percent, Switzerland at 20 percent and the Benelux countries at 18 percent.

IPAF’s membership increased 6.5 percent to 1,422, while the total number of IPAF approved training centres increased 3.6 percent to 550.
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IPAF's annual report can be viewed at www.ipaf.org/annual-report

IPAF chief executive Peter Douglas, said: “IPAF’s revenues in 2019 increased to £7.06 million representing growth of around 8.1 percent compared with 2018. I am particularly encouraged by the fact that revenue from outside the UK reached 44 percent of total income for the first time, up from just over 40 percent in 2018. Growth in revenues delivered a trading surplus in the year, but significant investment in management re-structuring resulted in the company reporting a small overall deficit of just under £40,000, resulting in net assets at the year end of £1.44 million, slightly down compared to 2018.”

The results were discussed at the Federation’s first ever virtual Annual General Meeting held due to the Covid-19 pandemic and the postponement of the annual summit and AGM. The meeting also confirmed Norty Turner as president for a two year term, having replaced Brad Boehler last October – see: New president for IPAF. Karin Nars of Dinolift and JLG’s Karel Huijser were also confirmed as deputy president and vice president respectively. Pedro Torres of Riwal, Julie Houston Smyth of Lolex and Ben Hirst of Horizon Platforms were also all confirmed as directors, having been appointed in December – see: IPAF expands board.
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Norty Turner has been confirmed IPAF president for the next two years

Turner said: “I would like to reiterate our thanks to Brad Boehler, who selflessly stepped down last year after leaving his role with Skyjack. His tenure as president was shorter than planned, but his leadership and dynamism over many years with the Federation will not be forgotten, and we at IPAF wish him well in his future endeavours.”

“It is traditional for an incoming IPAF president to set out some key objectives for their term of office. My first priority, is working together with the IPAF board, Council and senior management, to support our entire team and members worldwide through this global public health crisis, and to assist our industry in whatever way we can to recover from this challenging situation as quickly as possible.”

“During the next two years IPAF will consolidate and bolster its core markets and membership such as in the UK, while continuing international growth in developing markets and new territories such that the federation realises at least 50 percent of its revenues beyond the UK. Additionally, I will keep championing initiatives such as the IPAF Roadmap to Qualified Service Technician or Engineer Status and new industry relevant apprenticeships to both attract young people into our great industry and assist our members in retaining, developing and planning for succession in their workforce.”