Global growth at Marcolin

Net sales at Marcolin in the first six months of 2022 were up 19.6% at €283.7m, compared to the same to period in 2021.

The company said sales increased in all regions with a 17.4% increase in Europe, Middle East and Africa and 18.8% increase in the Americas, which accounted for almost 90% of consolidated net sales.

Marcolin said results were made possible by ‘an excellent sales mix’ in terms of brands and distribution channels, and through a drive for production and procurement efficiency.

The company added that net financial debt remained stable and consistent with the end of 2021 because of disciplined net working capital management.