Record turnover and net profit in 2016 for Soudal


Record turnover and net profit in 2016 for Soudal

In 2016, Soudal has achieved a turnover of € 670 million, which is an increase of € 40 million or 6,3% compared to 2015. The net result amounts to € 25 million. Soudal invested more than € 30 million in 2016.

The Soudal Group is pursuing ambitious investment projects throughout Belgium and neighbouring countries. A new production hall has been built at its headquarters in Turnhout. The facility contains cutting-edge 'disposal robots' and state-of-the-art filling machines with a capacity of 200 cartridges per minute. The central warehouse in Turnhout is also currently being expanded by 15,500 m2. The production and storage capacity of other production sites in Belgium (Aerotrim) and in Slovenia and in the USA has also been significantly increased.

New subsidiaries and acquisitions
The Soudal distribution network now incorporates sites in Morocco and Sweden. A further three new subsidiaries have been established in Dubai, Kazakhstan and Iran, boosting the Group's global presence to 60 branches that bear the Soudal name. In Belgium, Soudal acquired the PU system developer Sapac.

Increase of employment
At Head Office, a further 45 employees joined the Soudal Group, making the total around the world more than 2,550.

Read more in the press release