The Hönle Group´s sales revenue in the first nine months of the current financial year increased by 72.6 per cent, to €32.887M. At the same time, the operating result improved by 60.0 per cent, to €4.808M, while pre-tax earnings increased by 41.3 per cent to €5.117M.
Hönle’s acquisition of Eltosch in May 2008 expanded the consolidated group for the third time during the current financial year: it now also includes the Panacol Group and PrintConcept. It claims to be the world’s second largest UV technology systems supplier.
In the next financial year, to increase profitability in the adhesives segment, Hönle will merge Panacol Deutschland with its Wellomer subsidiary at a single location.
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