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ISOVER G+H Increases Sales In 2008

Post Time:Jul 13,2009Classify:Company NewsView:285

SAINT-GOBAIN ISOVER G+H AG was able to increase its sales by 3.9% to 379 mill. Euros in the 2008 financial year. The main growth factor was a higher quality range. In volume terms, sales were slightly below the previous year’s figure.
 
The company registered a result after tax of 146.3 mill. Euros, compared with 70.8 mill. Euros in 2007. When comparing with the previous year, an extraordinary result of + 47.7 mill. Euros has to be taken into account which resulted from the sale of the participation in Saint-Gobain ISOVER Austria GmbH. In addition, an increase in investment earnings from 39.2 mill. Euros in 2007 to 72.8 mill. Euros in 2008 also contributed to the good annual result.

Source: Source: Saint-Gobain Group Author: shangyi

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