2013 Half Year Group Results
Impreglon Grows Despite Weak Economy
Even with no new acquisitions, sales in the second quarter of 2013 rose to a new record of nearly 30 million Euro. With total sales of 58 million Euro for the first half of 2013, it appears that the forecast of 120 million Euro for the year will be achieved. But an even more positive development is the dramatic improvement in profit margins. At 0.13 Euro in the second quarter of 2013, the profit per share nearly doubled compared to the same quarter last year and more than tripled over the results of the first quarter of this year.
If management's expectations are confirmed, with no further weakening of the economy in the second half of 2013 and stabilized sales in the western European automotive industry, the Group targets might even be exceeded. After the acquisition of 'TOP Oberflächen GmbH' in Würzburg, Impreglon is planning to acquire one or two more companies in the course of the rest of this year with the intention to reduce the proportion of automotive business in favour of other sectors.
With 30 plants in 13 countries on four continents around the world, Impreglon is a global leader in surface engineering.