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Halton Group records growth in 2012

Eyes emerging markets such as Asia and Latin America

| | Apr 13, 2013 | 3:03 pm
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Eyes emerging markets such as Asia and Latin America

Halton Group, which deals in indoor climate and environmental products, services and solutions, has announced that despite the uncertain global economic climate, 2012 was one of the most successful years in its history. The company’s sales increased by 16% compared to the previous year, reaching the figure of EUR 168 million, and also improved its operating profit, touching EUR 13 million, the announcement reported.

The Finnish, family-owned company, which is organised in three business areas – providing solutions for public and commercial buildings, commercial kitchens and restaurants, as well as for marine and off-shore applications – has operations in Europe and the Middle East, the Americas, and Asia. It revealed that it is especially targeting the emerging markets, such as Asia and Latin America.

According to Halton, it has established sales units in Brazil, Philippines, Saudi Arabia and Turkey, as well as created a joint venture, Halton-Innes SA, in Mexico to serve the Spanish-speaking Latin American countries. The company is also investing in Finland by opening a new manufacturing facility for air filtration production in 2013, next to its existing facilities in Kausala, it added.

In this context, Mika Halttunen, Chairman of the Board at Halton Group, said: “Our R&D centres on three continents enable us to carry out testing of new products and customised solutions for customers. Halton also works in close collaboration with leading universities and research centres to be able to apply the latest knowledge in the field to benefit our customers.

“There is a growing demand for services, which helps create comfortable and safe indoor environments that have an energy-efficient and sustainable life cycle. In addition, the operations in different business areas and regions support and balance each other during economic cycles. This is another factor contributing to Halton’s success.”

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