NEWS

Sofidel turnover increased by 1.8% in 2016

Monday, May 15, 2017

In the year of its 50th anniversary, the books are looking good for Sofidel, in line with forecasts, offering excellent conditions for the investments that the company is making, starting from those on the US market.

In the 2016 period Sofidel’s turnover passed from Euro 1,809 to Euro 1,842 million (+33 million) with a 1.8% increase.

The EBITDA grew from Euro 207 million in 2015 to Euro 237 million in 2016 (+30 million) and the net profit rose from Euro 63 million in 2015 to Euro 83 million in 2016 (+ 20 million).

This is how the turnover breaks down: United Kingdom/Ireland (20.9%), Italy (17.5%), United States of America (13.1%), Germany (11.7%), France (11.5%), Poland (5.5%), Belgium (3%), Spain (2.9%), Romania (2.1%), others (11.8%).

The Sofidel Group is one of the leading manufacturer of paper for hygienic and domestic use worldwide. Established in 1966, the Group has subsidiaries in 13 countries.

 

Source: lesprom.com

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