West in sales growth of 11% last year

16/10/2013 11:08

West Germany in group recently announced the 2012 results, annual sales of 1.7091 billion euros, an increase of 11% over the previous year. Eliminate offset losses, 2012 annual pre-tax profit of 154.2 million euros, down by 4% over the previous year; Energy efficiency products and graphite materials and systems and other traditional business is strong, continue to lead the market, results to achieve company expectations. West Gerry group expects fiscal 2013 sales will be slightly higher than in 2012.

 Mechanical Parts & Fabrication Services Manufacturers,  West, group chief executive Robert said that although the carbon fiber and composite business application in some markets made some progress, but is affected by the aviation project delay and wind power industry, the business suffered a lot of disposable cash to offset losses. Given the current uncertain economic situation, the company is expected to market the situation may be reversed only after the 2013. "However, is still a bright future of carbon materials, the material will be more widely used in the future."