EnglishSanitary ware manufacturer Mondial SA, part of the German group Villeroy & Boch reported sales of 17,222,763 EUR for the first half of 2007, up by 6.5% from the corresponding period of 2006. "The growth is due to the development of the wellness segment, which has progressed very well this year, especially on the luxury segment," said Garz Sorin, Country Manager of Mondial SA.
Sanitary ware accounts for 88% of the company"s sales, followed by wellness products with 10%. Mondial became part of Villeroy & Boch in 1996, when the German group acquired it as a bathroom & wellness division. Villeroy & Boch AG has been in business for over 250 years.
For 2007, the Romanian subsidiary estimates a turnover of 33,437,000 EUR and a profit of 2,300,000 EUR. The targeted growth is 3.4%. "The growth we achieved in H1 in Romania is 11.7% compared to the corresponding period of 2006. We have budgeted investments of 1.3 million EUR for this year," Garz Sorin added. Mondial"s overall turnover in 2006 was 32,400,000 EUR worldwide, up by 25% from 2005. Profit stood at 4,500,000 EUR.
Euro
Dolar SUA
Franc elveţian
Liră sterlină
Gram de aur
