EQS-News

SIMONA 2023: Strong profitability – Marked decline in sales volume and revenue - Seite 3

"Overall, 2023 proved to be another particularly dynamic year in which, encouragingly, we were able to build on the successes of previous annual periods. We managed to keep sales prices stable over the course of the year. While this contributed to healthy profitability, it had an adverse effect on overall volume and therefore also on revenue. We succeeded in achieving our strategic goals. When it comes to sustainability, we have established ourselves as a global thought leader within our industry. By expanding our plant in China, we have almost doubled our production capacity and extended our portfolio as a system provider for customers within the industrial sector. Our strategic approach centred around diversification and a clear focus on applications is underscored by the solid performance displayed by our most recent acquirees, SIMONA PEAK Pipe System in the UK and SIMONA PLASTECH in Türkiye," said Matthias Schönberg, CEO of SIMONA.

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24.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language:	English
Company:	SIMONA Aktiengesellschaft
	Teichweg 16
	55606 Kirn an der Nahe
	Germany
Phone:	06752-14-997
Fax:	06752-14-738
E-mail:	[e-mail]
Internet:	www.simona.de
ISIN:	DE000A3E5CP0
WKN:	A3E5CP
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart
EQS News ID:	1888569