THE number of people employed at Shannon company Element Six increased by almost 100 in 2021, newly filed accounts show. The overall number employed jumped from an average of 378 in 2020 to an average of 477 last year. The number working in production increased by 90 year on year, from 277 to 367, with small increases in the number working in engineering, sales and marketing and finance and administration. Its accounts are prepared in US dollars, and the amount spent on wages and salaries increased by over $5 million year on year. Turnover increased significantly, up from $159.33 million in 2020 to $221 million last year. Operating profit also increased, from $5.848 million to $7.43 million. The Director’s Report was very positive about the year and confident about the future. “2021 saw a return of demand to pre-Covid-19 levels with an overall increase in revenue of 39% year on year. “Key areas of focus for the business in 2021 …
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