Schouw & Co. FY 2017 results: both Fibertex units contribute to rise in revenues and margins
AARHUS, Denmark, March 9, 2018-
Schouw & Co. had a good year of significant revenue improvements, exciting acquisitions and large increases in business activity, and EBIT improved despite increased competition.
The 2017 consolidated revenue was up by 19% to DKK 17,032 million from DKK 14,369 million in 2016. Organic growth was at 10%, with all portfolio companies contributing strongly to the improvement. To this should be added the effects of the most recent company acquisitions that were not consolidated for the corresponding periods of 2016.
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