The Picanol Group reported consolidated revenues of €364.7m in H1 17, i.e. an 11% increase compared to the first half of 2016. This is a notable rise fed by a 10% increase in revenues of the Weaving Machine division to €316.3m and a 15% rise in revenues of the Industries division to €100.4m. Picanol managed to place a record number of weaving machines on the market in H1 17, thanks to the success of its new range. Increased demand for technology and quality, mainly from Asia, f
25 Aug 2017
Weaving cash cont’d
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Weaving cash cont’d
- Published:
25 Aug 2017 -
Author:
Pierre-Yves Gauthier -
Pages:
3
The Picanol Group reported consolidated revenues of €364.7m in H1 17, i.e. an 11% increase compared to the first half of 2016. This is a notable rise fed by a 10% increase in revenues of the Weaving Machine division to €316.3m and a 15% rise in revenues of the Industries division to €100.4m. Picanol managed to place a record number of weaving machines on the market in H1 17, thanks to the success of its new range. Increased demand for technology and quality, mainly from Asia, f