The Comer Industries Board of Directors approved the financial results for the first half of 2022
– Lohmar – August 4, 2022
Today the Board of Directors of Comer Industries approved the financial results for the first half of 2022.
Revenues up 19% to 633.7 million euros, EBITDA up to 84.1 million euros (+31.5%), profit rising to 48.1 million: these are the highlights of the first part of the year.
The first half of 2022 was characterized by market complexity related to various political and economic factors. Nevertheless, operations and supply chain management and market and customer focus remain the company’s strength in an unprecedented inflationary environment. The excellent results achieved are supported by a solid and sustainable financial structure.
We archive our best half-year ever, with solid revenue growth and increased profitability thanks to first results from integration projects.
The record performance of the first half of the year leads us to be confident about the second half, even though the macroeconomic scenario is characterized by uncertainty and increasing volatility.
Press contact for Walterschied Powertrain Group:
Michael Harant
+49 (2246) 123351
michael.harant@walterscheid.com
About Walterscheid Powertrain Group
The Walterscheid Powertrain Group is a global provider of connected and smart powertrain solutions and complete in-service support for the world’s leading off-highway and industrial equipment manufacturers. The firm continuously develops new technologies and customer solutions which deliver efficiency in the agriculture, construction, mining, utility vehicle and industrial markets and offers through life services for all powertrain products and systems between power source and power applied. With its global platform across 4 continents the Walterscheid Powertrain Group is the technology partner and innovation leader to the global leading OEMs. This together with a comprehensive aftermarket and service offering positions the group for above market long term growth. For more information, please visit https://www.walterscheid-group.com
