Biesterfeld reports FY 2015 Results

Plastics and speciality chemicals  distributor Biesterfeld AG  (Hamburg, Germany)  has reported solid financial results for 2015 yesterday. At a level of EUR 1.1 bn, group turnover was in line with the previous year, despite adverse price developments in many product categories. Operating Profit came in at EUR 40.1 mn, an increase of 23.7% over 2014, when EUR 32.4 mn were achieved.

The Group is looking a further growth in 2016, driven by extensions to the product portfolio and an initiative to foster geographic expansion.

Biesterfeld press release

HGE / DCG – 24.05.2016