Sales grew in the UK
The Zehnder Group has announced its results for the first six months of 2014, with a sales increase of 3% compared to 2013.
The radiator and ventilation company, which has recently changed its board members, increased sales to €250.1million and raised net income to €9.5million (from €0.1million in the first half of 2013).
The European market accounted for 89.7% (€224.3million) of Zehnder sales, while North America accounted for 6.0% (€15.1million) of sales and China 4.3% (€10.7million).
Sales grew in France, Germany and the UK, while the Netherlands, Italy, Spain and Switzerland saw a slight dip.
In its six-month report 2014, the company stated: “For full-year 2014, the Group Executive Committee is anticipating a slight improvement in operating profit compared with 2013.”
The company now has 3,295 employees worldwide.