Habasit Reports Increased Sales in m² and Growth of Market Share
15 July 2004 14:47
The consolidated turnover of the Habasit Group amounted in 2003 to CHF418 million as compared to CHF422 million in the previous year, a result largely influenced by the negative impact of currency exchange rates. The turnover in local currencies was 3.9% higher than the preceding year.
In view of the world’s economic situation and the especially difficult conditions for the machine-building industry, which resulted in considerable losses for some of our competitors, this is a satisfactory result.
Habasit was successful in gaining substantial market shares in several industries and countries. Also in 2003 North America, Europe and the Far East played a key role in the growth of the volume sold from 4 million to 4.2 million m², corresponding to an increase of 5%.
The solid financial basis allows for constant, high investments in research and development and in new production plants. The perspectives for the future development are considered as very good in view of the remarkable growth achieved in the last few years in important business areas (e.g. plastic modular belts).
Facts and Figures 2003
- Year of foundation - 1946
- Total sales 2003 - CHF418 million
- Volume sales 2003 - 4,2 million m²
- Employees - >2,200
- Production plants - 12
- Subsidiary companies - 25
- Representations in over 50 countries
- Customer service centers over 250 worldwide
For more information on this company:
Habasit - Hygenic and Anti-Microbial Conveyor Belts
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