Neodecortech achieves sharp growth in sales revenue

09.11.2017 − 

Neodecortech, listed on the Milan stock exchange since the end of September and arising from the merger between Cartiere de Guarcino (CDG) and Confalonieri, further improved its key performance figures in the first half-year. The group’s consolidated sales revenue rose by 18.4% against the figure for last year given on a pro forma basis to 62.5m €. 58.1 m € of this was accounted for by revenue from product sales. Revenue generated from services was recorded at 2.4m €; the other sales revenue were multiplied to 2.0m €.

Neodecortech’s contribution to the group’s consolidated sales revenue was 20.2m €, comprising 12.8m € from the décor-printing product segment, 5.7m € from melamine foil/finishing foil, and 1.8m € from the PVC foil segment. CDG contributed 29.7m € and the remaining 8.2m € was accounted for by the energy company Bio Energia Guarcino (BEG).

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