Future

Growth Plans

It is our aim to be the biggest distributor for engine driven power equipment in the UK and make the Hyundai brand the number one for outdoor power equipment in the UK home use market.

Hyundai Power Equipment – Value, Reliability and Performance.

Hyundai Brochure Front

We have worked hard to greatly expand the product offering from Hyundai.

Exciting new ranges include a range of light construction equipment- from cement mixers to concrete saws, compactor plates and mini dumpers. Battery powered garden machinery, robot lawnmowers, electric pressure washers, air compressors and much more- watch this space!

The Hyundai garden machinery range has seen continued growth and we are now one of the leading brands of petrol powered lawnmowers and garden machinery on the UK market.

The growth Genpower is experiencing is being fuelled by the excellent value for money that the Hyundai products offer, backed up by a dedicated UK based parts and aftersales team. The new business wide software system we have just installed allows us to process 1000’s of orders daily and has been a major step forward in the growth capabilities of the company.

Our route to market has seen a major shift to internet sales over the last couple of years, with traditional independent dealers on the decline, major players like Amazon, Ebay and Manomano are seeing strong growth, we are also working with some of the major retailers such as Machine Mart, Dixons Carphone, AO Retail and Robert Dyas. Through these omni-channel routes to market we are seeing rapid growth in the domestic use products sector. Professional use machines continue to be sold through a combination of specialist internet ecommerce businesses and traditional tool hire and agricultural machinery outlets.

The wide range of Hyundai products allows us to overcome any seasonality and trade strongly twelve months of the year.

Genpower sales growth:

2017/18   £7,750,000

2018/19   £10,100,000

2019/20   £13,500,000

2020/21   £16,900,000 (forecast)

2021/22   £22,000,000 (forecast)