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Robertet Announces First Half 2011 Financials

Posted: September 15, 2011

Robertet announced its financial results for the first half of 2011. In turnover, the company saw a 6.3% increase from June 2010 to June 2011, marking €195,216 thousand in 2011. Additionally, its EBITDA in operation grew from €28,019 thousand in June 2010 to €30,822 thousand in June 2011, for an increase of 10%. This found the company’s net income to be €14,866 thousand in June 2011, up 11.3% over June 2010’s €13,349 thousand. As of August 31, 2011 that company notes a turnover of €256.1 million, up 3.1%.

The company reported its increases were primarily the result of more buoyant sales in Europe and Asia, reflected in its Robertet and Charabot divisions. However, it did find less favorable conditions in the US.