In a recent report, Sogefi have released its 2017 financial information which shows that it continued to grow during the last financial year.
“In 2017 Sogefi outperformed the market.
“The results obtained confirm that the actions aimed at increasing profitability and cash generation have been effective despite steel price increases,” said Laurent Hebenstreit, chief executive of Sogefi.
In Europe revenues increased 4.3 per cent and the filtration business unit posted sales of € 565.7 million, up by 5.7 per cent on 2016 (+7.1 per cent at constant exchange rates).
EBIT amounted to € 24.1 million versus € 25.1 million in 2016.
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