Powerful sales growth for SOENEN! – June 2008

Soenen once again achieved considerable sales growth in the 2007/2008 fiscal year. Compared to previous year, the company’s consolidated turnover increased by about 30 percent to approximately 17 million Euros.

The company is also very confident about the 12 months that lie ahead. As things stand now, 22 more automatic lines have to be manufactured before January 2010 and orders are still coming in despite the slowdown of global economics.

Factors contributing to Soenen’s excellent results during the past fiscal year were the worldwide economy and the global demand for high quality production installations. The strongest growth was recorded in Russia, China and India. 

Worldwide booming of truck business is the major responsible for our high growth rate. Increased market share for both transformer core cutting lines and perforating presses contributed positively during this last fiscal year.