The Board of Directors of SOL S.p.A. has approved its third quarter 2014 results, recording consolidated sales of €462.8m, up 4.6% compared with third quarter 2013.
In a climate of slight economic recovery during the first semester of 2014 in some European countries, SOL Group achieved this growth in sales volume largely due to its overseas sales growth of 7.9%.
There was also an improvement in its domestic Italian market, where growth was 1.5%, but the company noted that the economic climate in Italy had become stagnant in the last three months.
In terms of the two businesses of the group, the sales of the Technical Gases Division were relatively stable (-0.8%), notwithstanding the general fall-off in the industry, with a negative effect for some primary customers of the group – such as the Lucchini steel factory in Piombino. In contrast, the Homecare Division in which the group operates through its VIVISOL business marked a growth of 10.8%.
... to continue reading you must be subscribed
