DECEUNINCK
Profiles producer reports above-average earnings increase / Group sales of EUR 351m
Internationally active window and building profiles manufacturer Deceuninck BV (B-8830 Hooglede-Gits; www.deceuninck.com) increased volume sales 10.4% in 2001; however, the ongoing erosion of selling prices held the turnover increase to 3.2% (EUR 351m). Net earnings improved by 20.3% to EUR 27m. Thanks to new products and improved services, the group was able to strengthen its position in almost all regions. It achieved considerable growth in France, the UK and eastern Europe, while holding its position in most other regions, despite a shrinking market. The economic situation in Germany was especially problematical, Deceuninck said.
04.04.2002 Plasteurope.com [16100]
Published on 04.04.2002