Friday, 15th of February 2002

The IRIZAR GROUP's overall sales figures for the financial year 2001 reached an amount of 245 million euros, an increase of 7% on the previous year (227 m €).

As regards coach sales, the increase was 14%, with 2,068 coaches being sold.

The most significant margins of difference were in IRIZAR MEXICO, which grew 120% during its second year of activity, IRIZAR BRAZIL with an increase of 75%, benefiting from the slight recovery of the national currency, and IRIZAR ORMAIZTEGI with a 10% drop in sales due to the situation in Israel, where IRIZAR is the leading coach manufacturer, although this was partly compensated by the positive performance of markets such as Italy, Hong Kong and Ireland.

Here at IRIZAR we see 2001 as having been a positive financial year if we consider that it is the tenth year of our star product, the Century coach, which continues to be highly successful both in Spain and the rest of Europe, and that the IRIZAR PB with its revolutionary new features has also been launched.