2016-09-30
“The companies of the Feralco group have all achieved impressive results for the financial year 2015/2016,” confirm Stephen Childs and Ludovic Huitorel who runs the company. Once again the Group is able to report both record sales and record profit.
As we enter the new financial year we will be dealing with new challenges in certain key areas and markets for the company. In certain regions competitive pressures have intensified, more volatile exchange rates versus the Swedish Kronor are evident and political uncertainties have not abated. However, as a leading participant in the Water Chemicals Market we remain committed to growing our market shares as appropriate whilst continually looking for consolidation opportunities within the sector.
The regionally diversified make-up of the Group coupled with the fact that we are meeting the basic needs of the European populations has proved a strong and reliable formula for the Company. We continue to supply the major cities within Europe based upon our reliable and low cost supply solutions demanded by our customers and we strive to continually improve our market offerings.
We strengthened our organisation with several new and experienced team members in 2016 and we expect to further add some new faces in the coming year.
“Overall, the management team at Feralco remains optimistic that the company will continue to develop its market positions with the strong support of the Mellby Gård Group,” conclude Stephen Childs and Ludovic Huitorel.
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