2013 3rd quarter Group results
Impreglon Group on target in the 3rd quarter of 2013
With sales of 32 million Euros in the 3rd quarter of 2013, the Impreglon Group achieved another record result, thus making it possible to increase sales for the total year from 90 million to 120 million Euros as projected by management. Even more gratifying is the increase of the 3rd quarter net result. After the 2nd quarter already showed an improvement of 66% against the previous year, the 3rd quarter actually rose by an impressive 106%.
Also notable is the continuous EBIT increase to 8.4% of sales in the 3rd quarter. Contributing to the good results was also the new acquisition SKR of Dunningen, Germany, which specializes in metal hardening and heat treatments.
Assuming a stable economy in the 4th quarter the full year 2013 should not only end with record sales but also reach or exceed projected profits allowing management to recommend the payment of a dividend.
With 32 plants in 13 countries on 4 continents Impreglon is one of the global leaders in surface technology.