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Friday, March 1, 2024

Poclain Hydraulics posts record sales growth

By: J.S., STA

Poclain Hydraulics, the Žiri-based maker of hydraulic valves, saw revenue grow 24% to EUR 41 million last year to return to the sales level achieved in 2018 on the back of a rebound in global demand and expansion to the US market.

The company, which is the third largest production site in the France-based group by number of employees, achieved the result with 7% fewer employees than in 2018, which CEO Aleš Bizjak said confirmed the success of their measures to permanently increase productivity.

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