Karlsruhe/Germany, 03/06/2013 – During the 2012 fiscal year, the Romaco Group generated sales of 109.0 million euros – an increase of 16.7 percent compared to the previous year. Incoming orders in FY 2012 totalled 106.3 million euros.
During the 2012 fiscal year, sales generated by the Romaco Group increased 16.7 percent compared to the previous year. At the year ended on October 31, 2012, sales by the Group’s Packaging and Processing business units totalled 109.0 million euros – up 24.4 percent since 2010. The leading OEM (original equipment manufacturer) for the pharmaceutical, cosmetics, food and chemical industries also reported 19.4 percent higher sales of machines and plant in the last FY while the Romaco Group’s Customer Service and Aftermarket business rose by 9.4 percent. “The growth trajectory is continuing on a steep upward curve”, explained Paulo Alexandre, CEO of the Romaco Group. “We are very satisfied with this positive trend, which will strengthen our strategic alignment as a supplier of engineering and system solutions.”
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Strong order intake
Incoming orders are also developing in the right direction. At 106.3 million euros they marked another 2 percent improvement on last year’s record, confirming that this was more than just a one-off success. At the end of the 2012 fiscal year, orders on hand were worth an impressive 39.1 million euros. 38 percent of the Romaco Group’s total sales were in its traditional Western European markets. At the same time, sales in Eastern Europe were up 128 percent, in other words they more than doubled. In the Latin American markets the Romaco Group, which is headquartered in Karlsruhe (Germany), recorded 53 percent growth, having invested in the relocation and enlargement of its Brazilian Sales & Service Centre in São Paulo in the previous year. Since March 2013, the Mexico City based Grupo Rasch has been supporting the Group’s sales activities in Mexico. This new cooperation will give Romaco a stronger foothold in Central America.
With four European locations as well as three Sales & Service Centres in Brazil, Spain and the US, the Romaco Group is a customer focused company with worldwide operations and brands spanning multiple industries. Some 450 staff and 100 international sales agencies support customers in all corners of the globe. “Our goals for the current fiscal year are to maintain our efforts to boost our share of the international markets while consolidating and extending Romaco’s already powerful position in the world’s key regions”, Alexandre emphasised.
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