Fabryo Posts 30% Rise In Y2006 Turnover

F.A.
Ziarul BURSA #English Section / 9 mai 2007

Fabryo Corporation posted 32.5 million EUR in turnover last year, up by 30% year-on-year. In 2005, the company posted 25 million EUR in turnover, up from 6.4 million EUR in 2002. Washable dyes generate some 36% of the company"s turnover, with Innenweiss being the best selling brand in the company"s portfolio. Enamel comes next, with 26% of the overall sales, with the Satin brand accounting for 26% of the enamel sales and 12% percent of the overall sales.

"Fabryo has achieved a 110% growth in laquer sales volume and 55% in dyes sales volume compared to 2005. In 2006, we achieved our objective to generate a 30% growth in turnover, we completed the scheduled investments and expanded the premium product portfolio. For 2007, we estimate a similar growth rate and the consolidation of our position on the market," said Fabryo CEO Daniel Guzu.

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