Seco / Warwick had PLN 16.91 million of net profit, PLN 24.01 million of EBIT in 2021

Seco / Warwick recorded PLN 16.91 million of consolidated net profit attributable to shareholders of the parent company in 2021 compared to PLN 13.77 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 24.01 million versus PLN 19.03 million profit a year earlier.

Consolidated sales revenues reached PLN 463.2 million in 2021 compared to PLN 389.48 million a year earlier.

“In 2021, in the sales structure (by operating segments), similarly to last year, the segments of Vacuum Furnaces and Topical Furnaces were in the lead. In terms of geography, in 2021 the markets of the European Union (27%), USA (25%) and Asia (28%) had the largest share in the sales of the Seco / Warwick Group, which accounts for 81% of all Group sales "- we read in the letter of the company's president Sławomir Woźniak

On a standalone basis, the net profit in 2021 was PLN 8.33 million compared to PLN 7.86 million in profit a year earlier.

Seco / Warwick is one of the world's largest manufacturers of furnaces for heat treatment of metals. The main markets in which the recipients of its products operate include the automotive, aviation, energy, machinery, tooling and aluminum metallurgy industries. The company has been listed on the Warsaw Stock Exchange since 2007. Its consolidated sales revenues reached PLN 463 million in 2021.

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