sato:-increased-turnover-and-profits-in-2021
Business

Sato: Increased turnover and profits in 2021

Furniture manufacturer SATO announced an increase in sales and profits for the 2021 financial year.

More specifically, for the period 01/01/2021 to 31/12/2021, the turnover of the group amounted to 20.597 million euros compared to 18.189 million euros in the corresponding period last year, recording an increase of 2.408 million euros or 13.24%.

The group’s gross profit amounted to 8.729 million euros against 7.465 million euros with the gross margin being at 42.38% against 41.04%.

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