News in English Graboplast on three-year growth course

Graboplast on three-year growth course

Gergő Panker | 2014.03.04 12:43

Graboplast on three-year growth course

In 2013, Győr-based Graboplast Zrt. booked a net income of HUF 17 billion, an EBITDA of HUF 1.83 million and an after tax profit of HUF 650 million, which means Graboplast have been on a growth course for the third consecutive year.

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Graboplast export 93 percent of their products to 55 countries and have 800 business partners across the world. The group's largest customer is a Chinese firm.

Graboplust bacteria eliminating Silver Knight flooring was installed in hundreds of health institutes last year. The company's aim is to make sure that more products with such qualities are used in Hungarian nurseries, kindergartens and health institutes.

2013 was a year of environment-conscious developments and products for Graboplast. The company completely stopped using phthalates in their production and handed over a nearly HUF 600 million waste recycling plant, which helps reuse production waste and substandard products.

This year, the company will continue their growth strategy and the company's management is expecting further increase in trade for 2014.

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