Impressive growth in F.G. EUROPE's sales of air conditioners during the 8 months.
According to data for the eight months, sales of air conditioners increased by 109% amounting to Euro 78,6 mil. compared to Euro 37,6 mil. for the related period of 2006.
It is noted that for the six-months of 2007 sales of air conditioners amounted to Euro 51,28 mil. Increased by 100% compared to the related six-months period of 2006.
The realized impressive increase in sales exceeds by far the initial expectations of the management of the listed company for air conditioners sales of Euro 63,50 mil. in 2007.
In detail:
Sales on the domestic market until August 31, 2008 amounted to Euro 50,8 mil. Compared to 23,15 mil. for the related period of 2006 posting an increase of 119%.
Exports to Italy and the Balkans for the same period amounted to Euro 27,7 mil., compared to 14,38 mil. for the related period of 2006, posting an increase of 93%.
Based on the new conditions air conditioners sales of F.G. EUROPE S.Α. for 2007 are estimated to exceed 92,50 mil. Euro, posting an increase compared to 2006, of 80,4%.