Last Tuesday we informed about our Business Plan 2017. It shows that the losses of 2014 are temporary due to the accounting adjustments made after the PWC audit and shows how the company returns to profits this year. Carbures is back on track to its usual path of parts manufacturing increase in response to the growing demand, and therefore, to the black numbers on its financial results.
Under the conservative criteria of backlog results, just referring to contracts already signed today, we expect a €161 million turnover in 2017 and a €150 million one, in 2016, representing increases of 166.6 percent and 158.6 percent, respectively, compared to the €58.6 million revenue we had in 2014 (though it might slightly change as it is yet a non-audited result)..
Regarding the areas in which the Company operates, Carbures expects revenues to increase by 110 per cent in the aerospace industry; from the €27.1 million registered in 2014 to the €57 million from 2017. As for the manufacturing of parts and technology in the automotive industry, Carbures increases its turnover by 117.8 per cent; from a €33.1 million revenue in 2014 to a €72.1 million one in 2017.
In Carbures we continue working hard to meet the growing industrial demand for the design, engineering and manufacturing of carbon fiber parts and structures. With fourteen plants and offices worldwide we have the key geostrategic positioning to keep on growing in the industries in which we operate: aerospace, automotive and civil works.
