Enter one or more terms (minimum 5 characters)
Tiles

Duravit, turnover up by 4.4% in 2002

Aug 25, 2003
25/08/03 -The sanitaryware manufacturer Duravit of Hornberg, Germany closed fiscal 2002 with an increase in turnover from 141 million euro in 2001 to 147.3 million euro last year.

This good performance is due to the company's entry into the "Baths and Wellness" segment with models designed by Philippe Starck.
Exports in 2002 reached 64.8% of total turnover, compared to 52.1% in 2001. Good results have been reported in Egypt, while the financial crisis and weak state of the market in Turkey has prevented the Group from reaching the targets it set itself. Sales have further risen in Germany, the Group's main market.

The outlook for the current year is good. Although the German market is not expected to recover in 2003, the Group's internationalisation policy is bringing a gradual improvement. vasca_Starck.jpgDuravitwww.duravit.com

Did you find this article useful?

Join the CWW community to receive the most important news from the global ceramic industry every two weeks

Read more