Romaco Continues to Grow: Successful Fiscal Year 2015

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Romaco Continues to Grow: Successful Fiscal Year 2015

Finance-Business-MoneyRomaco has reported a 15.1% rise in incoming orders for the fiscal year 2015. The leading supplier of processing and packaging solutions recorded a particularly big increase in sales of new machines in the past fiscal year.

The Romaco Group can look back on yet another very successful fiscal year. Incoming orders rose to €129.9 million in 2015, up an impressive 15.1% compared with the previous year.

The increase was even bigger in the new machines segment, with 24.2% more orders won than in 2014. This general upward trend is also reflected in the sales figures. In 2015, the leading engineering specialist boosted its sales by 12.6% to €126.3 million. Sales of original equipment leapt up 19.2%. Romaco’s revenue from customer services last year was sustained at a very high level.

“The significant growth in orders received and the increase in our sales figures are a vindication of our current corporate strategy, Beyond Technology, which places the focus on the customer’s lifecycle,” emphasized Paulo Alexandre, CEO Romaco Group. “Ensuring our customers’ business success is a top priority for Romaco which, conversely, drives our future growth.”

Investments in sales pay offAt the same time, the successful end to the 2015 fiscal year is the outcome of the group’s heavy investments in its sales organization during the last few years. Since the new opening of Romaco-controlled Sales and Service Centres in China and Russia 2 years ago, the group has been able to strengthen its position in these important BRIC markets in a sustainable way. Moreover, two new Sales and Service Centres in Brazil and the US extend Romaco’s global reach in further key markets. The next new Centre is due to open shortly in France.

Stronger through strategic acquisitions: The acquisition of Romaco Innojet’s assets early in 2015 marked another decisive step towards completing the Romaco Group’s portfolio of manufacturing and packing machines for pharmaceutical solids. Innojet-built granulation and coating systems represent the first stage in the pharmaceutical process chain.

The strategic decision to purchase the assets of Medipac AB, the Swedish manufacturer of tube filling machines, at the beginning of the current fiscal year established the Romaco Group as the foremost supplier in the effervescents sector. “Our extensive investments in all-in-one solutions for the pharmaceutical industry have met with a very positive reception in the market, as our latest business figures clearly show,” said Alexandre in Karlsruhe.