Semperit Group Achieved Double-Digit Growth Rates

Businessn.a. ♦ Published: March 29, 2012; 11:33 ♦ (Vindobona)

Revenue increased by 18.9% to € 820.0m. The Austrian producer of synthetic products recorded an increase in earnings after tax by 19.2% to € 54.1m.

Semperit Group Achieved Double-Digit Growth Rates / Picture: © Semperit

Semperit Group with its medical sector (Sempermed) and industrial sector (Semperflex, Sempertrans and Semperform) increased year on year revenue in 2011 by 18.9% to € 820.0m. Sales growth is primarily derived from higher prices as a result of increasing cost of raw materials but also increased volumes in all sectors. The breakdown by sector shows an increase in revenues in Sempermed…