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

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

Jul 21, 2014: Electrolux Sees Continued Improvement in European, North American Major Appliance Markets

Jul 21, 2014: Briggs and Stratton Plans to Scale Back Snapper Brand and Close Georgia Plant

Jul 18, 2014: Whirlpool to Pay $1 Billion for Indesit

Jul 18, 2014: BSH North America CEO Traub Leaving, Michael Steinle Taking Over

Jul 18, 2014: Report: Indians Spent $150 Million for Water Purifiers

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