Which UK industries are best placed to thrive in post Brexit Britain?
With all the challenges facing the economy at the moment, Plimsoll has taken a look at over 1600 UK markets and identified those best placed to power ahead in spite of any short-term disruption from a disorderly Brexit.
These markets are all growing fast, with high average profit margins, a low number of companies in danger and a high amount rated as Strong. Only the markets that tick the box on all 4 criteria were deemed worth of being considered a leading UK industry.
We flagged 15 industries that qualified as the best markets:
Industry |
Strong Companies |
Danger Companies |
Growth |
Pre-tax Margin |
56% |
16% |
8.4% |
6.5% |
|
46% |
26% |
10% |
18.7% |
|
52% |
29% |
8.5% |
6.8% |
|
48% |
27% |
8.4% |
10.2% |
|
53% |
20% |
7.9% |
6.4% |
|
48% |
26% |
6.9% |
6.6% |
|
54% |
21% |
7.1% |
6.7% |
|
54% |
21% |
6.7% |
6.9% |
|
59% |
17% |
7% |
6.1% |
|
51% |
25% |
7.5% |
6.2% |
|
48% |
15% |
8.7% |
20.6% |
|
48% |
22% |
11.1% |
7.1% |
|
64% |
17% |
12.2% |
6.1% |
|
53% |
13% |
6.3% |
6.1% |
|
48% |
18% |
6.5% |
14.7% |
Christopher Evans, Senior Analyst at Plimsoll says, “If you are looking for a pre-Brexit, good news story in the UK economy then these industries hit all the right spots”.
“Across a broad spectrum of the economy, these markets are achieving a minimum 6% annual growth and average margins of at least 6%. What’s more, using the Plimsoll Model we have rated each company in over 1600 separate industries based on their overall financial health. Our analysis shows at least 45% of companies in these markets are rated as Strong and less than 30% are rated Danger”.
“The UK economy faces a unique set of challenges over the next year with Brexit and the uncertainty of what it might bring. However, while some markets will suffer the inevitable disruption it is set to bring, there are others that should be well placed to thrive”
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