During the past quarter, net sales from continuing activities of the Sioen Industries Group amounted to EUR 86.0 million compared to EUR 81.5 million in the first quarter 2014.

Net sales figures

Almost all areas of activity of the Sioen Industries Group show signs of economic recovery, including transportation, construction, and industry in general, which is being reflected in the sales figures of the divisions, the company reports.

The Coating division achieved net sales of EUR 51.7 million in the first quarter 2015 against EUR 49.1 million for the same period prior year, or a sales increase of 5.2%.

Net sales of the Apparel division amounted to EUR 26.2 million versus EUR 23.2 million in the first quarter 2014, or a sales increase of 12.7%.

The Chemicals division achieved net sales of EUR 12.2 million in 2015 versus EUR 12.7 million in the first quarter 2014, or a sales decrease of 3.9%.

Outlook

A slight economic recovery combined with an everlasting focus on R&D and customer satisfaction are the main focus of the company, representing a foundation for its growth.

Sioen is actively investing to develop future growth through the continuous focus on new products, know-how and people, and the development of new and innovative concepts for our customers.

Sioen Industries

Sioen Industries has an extensive portfolio of products and activities, which include spinning, weaving and coating, manufacturing of garments, production of fine chemicals and processing of technical textiles.

Sioen believes that vertical and horizontal integration, diversification and permanent growth provide the company with a major technical advantage and better R&D.

The company’s main focuses are on customised products, high end, specialised products, recyclable/recycled products, integrated features, and intelligent textiles.

www.sioen.com