Picanol Posts 30.4% Increase in H1 Weaving Machine Sales

According to the Picanol Group, the turnover of its Weaving Machines Division during January-June 2016 increased by 30.4% year-on-year to 288.8 million euro.

The Division experienced a strong first half in 2016 due to growing demand for quality and technology, and backed by favorable euro exchange rates.
The Division’s operating profits amounted to 57.9 million euro, as compared with 35.3 million euro in the year before.

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