Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Gorenje Reports Increased Revenue
Aug 1, 2005
 Printable format
 Email this Article
 Search

Slovenia-based home appliance maker Gorenje generated 475 million euros (approx. U.S. $580.1 million) in sales revenues in the first half of 2005, an increase of 15 percent over the same period in 2004. However, the group's net profits were flat compared to last year at 7.51 million euros (approx. $9.2 million).

Although the half-year profit accounted for only 40 percent of this year's planned earnings, the company said it was happy with the results given the operating conditions on its main markets.

According to Gorenje, the group continues to face the same hurdles as last year, including slow economic growth in most of its main markets, low consumer confidence, a weak dollar, and high raw material costs. (Slovenia Business Week)

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows