Ori Martin’s revenues rise 62 percent year on year in 2010

Tuesday, 19 July 2011 14:17:08 (GMT+3)   |  
       

Brescia, Italy-based special steel producer Ori Martin Spa has issued the production and financial results for the fiscal year 2010.

Accordingly, last year Ori Martin's crude steel output increased by 51 percent year on year, while rolled steel production rose by 42 percent, both year on year. The good performance is mainly due to the strong demand from foreign customers. Sales revenues reached €343.7 million, up 62 percent compared to the previuos year, while net profit stood at €12.4 million, with an increase of 164 percent year on year.


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