Sioen Industries operates in the Finishing plants, manmade sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sioen Industries with three other
fabric manufacturers in Europe:
Ahlers AG
of GERMANY
(2019
sales of 207.00 million Euros [US$232.59 million]
of which 69%
was Premium Brands),
Menderes Tekstil Sanayi Ve Ticaret AS
of TURKEY
(1.46 billion Turkish Liras [US$213.09 million]
of which 77%
was Textile Sector), and
PFNonwovens as
which is
based in CZECH REPUBLIC
(6.54 billion Czech Koruni [US$274.61 million]
of which 100%
was Production of nonwoven textiles).
Sales Analysis.
Sioen Industries reported sales of 509.62 million Euro (US$572.61 million)
for the
year ending
December of 2019.
This
represents
a very small
increase of 0.7%
versus 2018, when the company's sales were 506.20 million Euro.
This was the fourth straight year of sales growth at Sioen Industries.
Sales of Apparel saw an increase
that was more than double the company's growth rate: sales were up
8.7% in 2019, from
144.57 million Euro to 157.07 million Euro.
Not all segments of Sioen Industries experienced an increase in sales in 2019:
sales of Chemicals fell 6.4% to 41.71 million Euro.
Sioen Industries also experienced decreases in sales in
Coating (down 2.0% to 310.84 million Euro)
.