Eight percent more sales to 23.5 million the Melos GmbH, the leading system partner and solution provider among manufacturers of plastic granules for the sports -, leisure - and cable industry as well as a variety of other industries in the plastics industry could its growth course in the first half of 2008 continue. The sales increased by 8% compared to the previous year (21.9 million) to 23.5 million. Real-estate developer can provide more clarity in the matter. Managing Director Jorg Siekmann: at the moment we are moving in an economically difficult environment. We could while expanding our market share in the United States, but the USD/EUR exchange rate developments greatly strained the contribution." The domestic demand for cable compounds is stagnant and the Western and Eastern European countries is characterized by a damped demand. Demand for high-quality art turf systems with appropriate litter granules is significantly increased. Here, the product range has been consistently developed and optimized. Modern systems require the use of specially developed Granules, which ideally complement each other with the other components of the art lawn and provide ideal game and system properties.
In addition, the product range for PO regranulates was expanded. The portfolio now also includes PP compounds with the appropriate modifications. This area will be further expanded in the coming years. We are very satisfied with the current development of the company. Cost pressures has worsened further by the rising raw material costs in connection with high energy prices. In the second half of 08 we must make very careful with our resources, so that we achieve our targets for the current fiscal year. Our investment program for 2008 will be to further, so that the resulting effects as quickly as possible access and the sustainable growth rate can be continued, the company says.
Founded in 1903, the Melos GmbH is today one of the world's leading provider of compounds and granulates for the cable and sports flooring industry. Comprehensive service portfolio of the 127 staff Company count both the development of new materials and the manufacture of compounds and granules. The site in Melle in Osnabruck offers ideal development possibilities and characterised by very lean and efficient service processes. This, the company will benefit in the long term.
In addition, the product range for PO regranulates was expanded. The portfolio now also includes PP compounds with the appropriate modifications. This area will be further expanded in the coming years. We are very satisfied with the current development of the company. Cost pressures has worsened further by the rising raw material costs in connection with high energy prices. In the second half of 08 we must make very careful with our resources, so that we achieve our targets for the current fiscal year. Our investment program for 2008 will be to further, so that the resulting effects as quickly as possible access and the sustainable growth rate can be continued, the company says.
Founded in 1903, the Melos GmbH is today one of the world's leading provider of compounds and granulates for the cable and sports flooring industry. Comprehensive service portfolio of the 127 staff Company count both the development of new materials and the manufacture of compounds and granules. The site in Melle in Osnabruck offers ideal development possibilities and characterised by very lean and efficient service processes. This, the company will benefit in the long term.
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