Effytec Grows more than 30%. The leading portal in sectoral economic information, Alimarket, devotes us an article about the good results of our company.
The leading portal in sectoral economic information, Alimarket, devotes us an article about the good results of our company.Packaging machinery manufacturer Eficiencia y Tecnología S.A. (Effytec), located in Barberà del Vallès (Barcelona), has completed the 2016 financial year with sales of 14,05 M€, which represents an increase of 32.5% on the figures achieved a year earlier. For the second consecutive year, the company has risen their income in more than 30%, an improvement that means nearly doubling their turnover in just two years, after reaching about 7,46 M€ in 2014.
The company, which gets more than 90% of their income by selling beyond our borders (Russia, USA, Canada and Southeastern Asia are their main markets), has also met an important improvement in their income statement, with an operating profit that climbed a 86.2% up to 1.49 M and a net profit which stood at 1.1 M, almost twice the result complished one year before (560,000 €). The company is dedicated to the manufacturing of horizontal packaging machines, to make 3 or 4 sealed sides flat sachets and stand up sachets for all kinds of products. It has their own commercial subsidiary in U.S. and an employee workforce consisting of 47 workers.