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sol-group-reports-sales-rise-across-the-board-in-nine-month-2016-financials
sol-group-reports-sales-rise-across-the-board-in-nine-month-2016-financials

SOL Group reports sales rise across the board in nine-month 2016 financials

Italian industrial gas corporation The SOL Group has reported a rise in sales volumes across the board in its latest financials, driven by an increase in international business.

In the first nine months of 2016, SOL achieved a growth of 4.2% in sales volume compared to the same period in 2015, primarily propelled by an increase in non-domestic sales of 6.5% amounting to €275m ($300m).

Sales also improved domestically in Italy over the nine-month period, growing by 1.9% to €247m ($270m).

Its Technical Gases Division also posted growth of 2.1% reaching €256m ($279m) and sales in its Home Care Division, in which the group operates through its subsidiary VIVISOL, were €267m ($291m) marking a 6.2% increase.

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