TKH Group N.V. operates in the Nonferrous wiredrawing & insulating sector.
In addition to historical fundamental analyses, the complete report available to purchase compares TKH Group N.V. with three other
wire and cable manufacturers in Europe:
NKT A/S
of DENMARK
(2019
sales of 10.02 billion Danish Kroner [US$1.60 billion]
of which 94%
was NKT Cables Group),
Huber+Suhner AG
of SWITZERLAND
(830.61 million Swiss Francs [US$911.75 million]
of which 34%
was Fibre Optic & Cable Technology), and
Montana Tech Components AG
which is
also
based in SWITZERLAND
(1.52 billion Swiss Francs [US$1.67 billion]
of which 30%
was Aerospace Components).
Sales Analysis.
TKH Group N.V. reported sales of 1.49 billion Euro (US$1.77 billion)
for the
year ending
December of 2019.
This
represents
a
decrease of 8.7%
versus 2018, when the company's sales were 1.63 billion Euro.
Contributing to the drop in overall sales was the 25.7% decline
in Industrial Solutions, from 732.62 million Euro to 544.18 million Euro.
.
However, these declines were partially offset by the increase in sales of
Building Solutions (up 5.9% to 745.00 million Euro)
and
Telecom Solutions (up 3.0% to 200.46 million Euro)
.