This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Carlo Gavazzi superó los 13 millones de euros de facturación en el último ejercicio

Carlo Gavazzi exceeded 13 million euros of turnover in the preceding financial year

20/07/2006

on July 20, 2006

Carlo Gavazzi, S.A. company, subsidiary Spanish group Carlo Gavazzi, dedicated to the manufacture of electronic components for the automation, has closed the fiscal year 2005 / 2006 (as of March 31) with a turnover of EUR 13.1 millionwhich is situated at 11 per cent average growth of its sales in the last ten years.

These levels of activity of Carlo Gavazzi last year have allowed it to increase its penetration in the Spanish market of electronic components to reach an estimated share of 12 percent.

Carlo Gavazzi, headquartered in Leioa (Bizkaia), has, in addition, with five offices in the industrial areas of the State (Madrid, Barcelona, Valencia, Sevilla and Zaragoza), as well as a wide network of distributors that allows you to make the product available for the customer with maximum speed and efficiency.

With regard to the current financial year 2006 / 2007, in the first months since it follows the trend of sustained growth achieved in recent years.

Among the innovative applications submitted for this exercise, stresses marketing by Carlo Gavazzi of guidance system of parking (with indication of plaza free/occupied, sense of movement, etc.), a security system of access and emergency machinery stops "dupline safe", as well as a new energy management software. All these products will be presented in various fairs, and especially in Matelec contest held in Madrid next month of October.