Le Belier Business report FY2006
In 2006, the Company posted consolidate sales amounting to 220.30 million euros, up 15.7% compared to 2005. After correction for aluminum price increases, growth works out at 6.5%.
In 2006, as planned the Company embarked on the first year of its roadmap by:
-transferring its Turbo operations from Hungary to Serbia
-optimizing the Verac facility
-Launching 2 new manufacturing facilities in Hungary and Mexico
-Launching automated production in China
In 2007, the Company is aiming to achieve 230 million euros in sales and significant improvement in its operating profit.