SOL SpA, a multinational leader in technical gases, has published robust 2010 full year consolidated results
SOL SpA, a multinational leader in technical gases, has published robust 2010 full year consolidated results.
The company, who operates from Italian headquarters in the beautiful Monza, recorded consolidated sales of €518.9m, which reflects a 12.2% increase on 2009. Likewise, EBITDA increased by 12.7% on the same period, equating to €123.6m. Similarly, EBIT rose by 19.6% to €59.6m, while consolidated net profit appreciated by 27.1% to a positive €31.9m.
A listed company on the Italian Stock Exchange, SOL SpA, acts as a holding company to a group of 53 companies across 18 European countries. Given trans-European operations, it is perhaps unsurprising that the company has posted such positive financial results. Indeed, with production plants in countries as diverse as Albania, Serbia-Montenegro and Germany, the group is well positioned to be resilient to regional economic fluxes.
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