Financial News / 25.06.2018

ARNON group’s turnover growing

ARNON group’s turnover in 2017 grew by 22% to 44 MEUR compared to 36 MEUR in 2016. Q1/2018 turnover increased by 36% to 12,56 MEUR (9,25 MEUR in Q1/2017).
By streamlining operations’ material and cash flows the working capital ratio to turnover has improved and we’ve been able to improve profitability.

THE OUTLOOK FOR THE REST OF 2018

The order book is on a good level. Both the turnover and the profit is expected to continue increasing.