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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 Molecor alcanza el millón de euros de beneficio neto en 2013

Molecor Reaches the million of euros of net profit in 2013

23/04/2014

23 April 2014

Evolution of the aggregated sales from the start of the commercial activity in 2009 until 2013
Evolution of the aggregated sales from the start of the commercial activity in 2009 until 2013.

Molecor, company stood out to world-wide level in the manufacture of machinery and production of pipes of PVC Oriented (PVC-Or) for drivings of water to pressesure, has closed the economic exercise of the 2013 with a net profit of 1 million of euros. The Spanish company founded in 2006 has registered in 2013 an increase in the figure of businesses of 57% with regard to the previous year, by a total of 16.2 million euros. Likewise, the operative profit (Ebitda) has increased more than 300% with regard to the of 2012, reached the 2.8 million euros.

90% of the invoiceed of Molecor corresponds to sales out of Spain and 58% to sales out of the European Union. Because of the growth of the international demand of channelling of PVC-Or, in 2013 the company has opened a new plant for the manufacture of pipes in the Madrilenian place of Loeches, that has supposed some investments of 6 million euros. On the other hand, on line with the commitment by the innovation and the development, Molecor has turned into the first company of the world in manufacturing and commercialise pipes of PVC-Or of diameters until DN 630 mm, thanks to his would revolutionise technology patented all over the world that allows to manufacture channelling of until DN 800 mm. Besides, the company has set up new projects of R&D related with the application of the concept of molecular orientation to new types of products.

The current staff is composed by 54 highly skilled workers, and foresees the again personal incorporation until reaching the 70 workers in 2014. Molecor Has foreseen to realizar investments by 6 million euros to increase his productive capacity and bend the current turnover, betting by a model of solid and sustainable business and supporting fundamentally in the increase of the exports of technology and pipes in the five continents and in the increase of the ranges of products that will offer to the market in the two lines of business.

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Molecor Tecnología, S.L.

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