|  

Westag & Getalit delivers growth in operating profits

23.02.2021 − 

Westag & Getalit almost erased a slump recorded in the first nine months by recording an improvement in fourth-quarter revenues to €57.8m. According to preliminary figures published on 5 February, consolidated revenues were down just 0.7% in the full year at €229.1m. A downturn in revenues from sales of its own products was almost dwarfed by an increase in marketing of products made by its affiliates Trespa International and Arpa Industriale. The group has yet to split down its revenues between its two units. In the nine-month period, the firm booked a 5.1% growth in revenues from Surfaces/Elements to €80.2m, but an 8.6% fall in revenues from Doors/Frames to €85.6m. All told, group revenues had dwindled by 2.5% to €171.3m.

Tags of this news:

previous − Euroconstruct adjusts forecast slightly upwards

Eurobaustoff centrally invoiced turnover up 12.3%  − next