Picanol NV operates in the Textile machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Picanol NV with three other
textile machinery manufacturers in Europe:
NSC Groupe Societe Anonyme
of France
(2018
sales of 103.05 million Euro [US$114.25 million]
),
Schweiter Technologies AG
of Switzerland
(1.05 billion Swiss Francs [US$1.06 billion]
of which 100%
was THREE A Composites), and
Rieter Holding AG
which is
also
based in Switzerland
(1.08 billion Swiss Francs [US$1.09 billion]
of which 62%
was Machine & Systems).
Sales Analysis.
Picanol NV reported sales of 666.71 million Euro (US$739.15 million)
for the
year ending
December of 2018.
This
represents
a
decrease of 3.2%
versus 2017, when the company's sales were 688.93 million Euro.
Contributing to the drop in overall sales was the 5.1% decline
in Weaving Machines and Services, from 592.02 million Euro to 562.06 million Euro.
.
However, these declines were partially offset by the increase in sales of
Industries (up 8.0% to 104.65 million Euro)
.