FLEXIPLAS ANNUAL RESULTS 2016

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Flexiplas carried out in 2016 a significant improvement of its performance, increasing its turnover by 23 % to achieve a total sales of 6.2 milion €.

The growth came from both export and Spanish market.

According to the provisional closing of 2016, the operating result improved to 3,6% from 2% in 2015.

The important investments in R&D and in the new ERP will provide the platform for further qualitative growth during 2017.