2003/07/15

The first half of 2003 can be considered excellent for the IRIZAR GROUP as it has posted sales in excess of € 169 million, which is 33% higher than those achieved over the same period last year (€ 127.5 million).

The parent company in Ormaiztegi, with figures in excess of € 85 million, is 18% above the figures for January-June 2002.

The countries that have contributed most to this increase are Greece, Germany, the Scandinavian Countries and the UK.

In overall terms, the companies making up the IRIZAR GROUP abroad increased sales by 51%, with Brazil, Mexico and India, after doubling their sales, at the helm.

China, due to the effect of the SARS crisis on its economy, and Morocco, due to the effect of the Iraq War, are in a worse situation than last year, but with possibilities for improvement in the second half of the year.